NewswireToday - /newswire/ -
Chicago, IL, United States, 2012/03/14 - Newedge, a global leader in multi-asset brokerage and clearing, today posted the monthly performance data for its suite of Hedge Fund Indices - NewedgeGroup.com.
The Newedge CTA Index's top performers for the month of February included:
• FDO Partners (Emerging Markets Quant Currency): est. + 4.25 percent;
• P/E Investments (FX Aggressive): est. +3.66 percent;
• Graham Capital (K4D-15V): est. + 3.24 percent.
The Newedge STTI's top performers for the month of February included:
• Kaiser Capital (Global Diversified): est. + 0.98 percent;
• Capital Fund Management (Discus): est. + 0.94 percent;
• Boronia Capital (Diversified): est. – 0.17 percent.
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 AlternativeEdge 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 weighed portfolio of Volatility Trading & Arbitrage funds.
Newedge Press contacts:
Bill Ferri, +1 212 754 5428
Michael Gelormino, +1 212 909 4780
Newedge (newedge.com), a 50/50 joint venture between Société Générale and Crédit Agricole CIB, is a major force in global multi asset brokerage business, with a world-leading position in the execution and clearing of listed derivative products. With a presence in more than 20 locations in 16 countries, Newedge offers a full range of clearing and execution services covering options and futures contracts for financial products and commodities, as well as for money market instruments, bonds, FX, equities, and commodities on OTC markets. Newedge provides a range of value added services, including prime brokerage, asset financing, an electronic platform for trading and order routing, cross margining, and the centralized reporting of client portfolios. Newedge, which primarily serves institutional clients, provides access to more than 85 exchanges. Newedge's 3,000+ employees form a close-knit, multinational team that can innovatively respond to its clients in fast-moving markets.
"Newedge" refers to Newedge Group and all of its worldwide branches and subsidiaries. Only Newedge USA, LLC is a member of FINRA and SIPC (SIPC only pertains to securities-related transactions and positions). Newedge Group (UK, Frankfurt and Dubai) do not deal with, or for, Retail Clients (as defined by MiFID and Dubai Financial Services Authority). Only Newedge Canada Inc. is a member of the CIPF. Not all products or services are available from all Newedge organizations or personnel. Consult your local office for details.
The reports discussed herein are solely for information purposes, and are not to be construed as an offer to buy or sell. The information is based on sources we believe to be reliable, but is not guaranteed by us and may be incomplete or condensed. Past results are not necessarily an indication of future performance. The reader is advised that futures and options are speculative products and the risk of loss can be substantial.