Newedge, a global leader in multi-asset brokerage and clearing, today posted the monthly performance data for its suite of Hedge Fund Indices.
Please go to http://newedge.com/web/guest/brokerage_services/advisory for a complete list of performance data.
The Newedge CTA Index’s top performers for the month of December included:
Campbell & Co. (FME Large): est. +3.90 percent
Graham Capital (K4D-15V): est. +3.12 percent
Graham Capital Mgmt. (Discretionary – 6V): est. +1.73 percent
The Newedge STTI’s top performers for the month of December included:
Quantitative Investment Mgmt. (Global): est. +1.66 percent
Crabel Capital (Multi-Product): est. +1.64 percent
R.G. Niederhoffer (Diversified): est. +1.43 percent
Newedge’s Alternative Investment Solutions Group, part of Newedge’s Prime Clearing Services, is an innovator in providing investors with benchmarking tools that accurately represent key hedge fund strategy styles.
The Newedge CTA Index, which is equally weighted, calculates the daily rate of return for a pool of the largest CTAs that are willing to provide daily returns and are open to new investment.
The Newedge CTA Trend Sub-Index, which is equally weighted, calculates the daily rate of return for a pool of trend following based CTAs who are constituents of the Newedge CTA Index. The index is rebalanced annually.
The Newedge Trend Indicator is a market based performance indicator designed to have a high correlation to the returns of trend following strategies.
The Newedge Short-Term Traders Index is designed to track the daily performance of a portfolio of short-term, diversified CTAs who have less than a 10-day average holding period, are willing to provide daily returns and are open to new investment.
The Newedge MTI includes global macro managers who typically employ top-down fundamental research to forecast the effect of global macroeconomic and political events on the valuation of financial instruments. These strategies may be either discretionary or systematic, and are frequently focused on a diversified basket of instruments.
The Newedge Commodity Trading Index includes funds that utilize a variety of investment strategies to profit from price moves in commodity markets. Managers may typically use either (i) a trading orientated approach, typically involving the trading of physical commodity products and/or of commodity derivative instruments in either directional or relative value strategies; or (ii) Long short equity strategies focused on commodity related stocks.
The Newedge VTI is a performance measure for the volatility trading and arbitrage style within the hedge fund universe. It is an equally weighted portfolio of Volatility Trading & Arbitrage funds.
Newedge is the leading prime broker for the CTA market, servicing the largest share of the CTA fund market in the world. Currently Newedge ranks No. 3 based on the CFTC’s (US regulator) tracking of customer assets on deposit.
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