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Newedge CTA index up 2.71% in November (+1.44% YTD)

Wednesday, December 09, 2015
Opalesque Industry Update - Societe Generale Prime Services announces the November performance data for its Newedge CTA indices.

After a dip in October, CTA strategies posted positive returns across the board in November 2015, and CTA and Trend are showing a positive year-to-date performance.

The Newedge CTA index was up 2.71% in November bringing year-to-date performance back into positive territory, to 1.44%.

Short Term Traders Index returns also produced significantly positive returns of 2.37%, marking the best return since January this year.

Trend followers led performance in November, with the Newedge Trend Index ending up 3.41%. The index leads with the strongest year-to-date returns compared to other indices, up 2.26%.

The Newedge Trend indicator lagged performance of the Newedge Trend Index, but is still positive and up by 0.79% for November and adds to overall positive performance.

Performance of the indicator was driven mainly by returns in the commodity sector, contributing 1.31%. Returns were helped by currencies, which we up 0.68%. The performance of these asset classes helped offset losses in bonds, interest rates and equity indices, returning -0.62%, -0.21% and -0.18% respectively.

James Skeggs, Global Head of Alternative Investments Consulting at Societe Generale Prime Services, said, “November was a positive month for all CTA strategies, after a challenging October and an overall volatile year. Commodities and currencies produced positive returns in November, with 15 out of the 17 Commodity markets positioned short.”

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