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Managed futures enjoyed a stellar November, with all of the Newedge indices posting the fourth consecutive positive monthly return in a row.

The Newedge CTA Index, with a performance of +5.62% for November, posted a new high watermark during the month. The CTA Index had been underwater since May 2011.

Trend following strategies continued to lead performance, with the Newedge Trend Index returning +7.29% for the month, the largest monthly performance gain since 2008. The Newedge Trend Index also set a new high watermark at the end of November.

The Newedge Trend Indicator also had another positive month, showing +10.40% for November, bringing 2014 YTD performance to +32.79%.

Data from the Newedge Trend Indicator shows that the main performance drivers during the month of November were the currency, bond and commodity sectors. Currency exposure boosted performance by 4.21%, while bonds accounted for 3.40% of returns posted.

James Skeggs, Global Head of Advisory Group at Newedge, said:

“November was a strong month for each of the Newedge indices, in particular the Newedge Trend Index which enjoyed its best monthly return in six years. The Newedge CTA Index and Newedge Trend Index both built on earlier gains, and set new equity highs at the end of November.

Trend following strategies continued to benefit from sustained trends in bond and currency markets in November. In addition, existing downward trends in Crude and oil products meant CTAs benefitted from a re-pricing at the end of November.”

Press Release