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Following a tough month for returns in July, all managed futures indices calculated by Newedge reported positive performance in August 2014. The strong month means that all Newedge managed futures indices are also now in positive territory for 2014 YTD.

Trend following strategies experienced particularly strong gains in August. The Newedge Trend Index rebounded from a -1.06% return in July to show +5.40% for the month, while the Newedge Trend Indicator posted +10.89% for the month.

James Skeggs, Global Head of Advisory Group at Newedge, said: “August has proven to be a solid month for all managed futures strategies, with trend followers in particular doing well. There are good reasons to be optimistic about returns for CTAs, with 2014 YTD performance back in the black, and we are seeing more investors becoming interested in the space again.”

Performance attribution data from the Newedge Trend Indicator, a market-based performance indicator designed to have a correlation to the returns of trend following strategies, shows that the currency sector and bond sector contributed to the positive performance. The commodity sector made small gains in August, but remains negative for 2014 so far.

Press release and performance table here.

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