News Column


May 22, 2014

ENP Newswire - 22 May 2014

Release date- 21052014 - Newedge Trend Indicator up 3.50% in April, Posts Best Monthly Return since July 2012.

Newedge, a global leader in multi-asset brokerage and clearing, today announced the April performance for its suite of hedge fund indices.

Commodity funds, as represented by the Newedge Commodity Trading Index (CTI), performed well in April, finishing the month up 1.17%. Year-to-date, the CTI (and sub-indices) leads the Newedge Index performance with a return of 3.25%.

In addition, trend strategies also exhibited positive performance last month. The Newedge Trend Indicator fared particularly well in April, finishing the month up 3.50%. This is the Indicator's best monthly return since July of 2012.


Apr. Return

YTD Return

Newedge CTA Index



Newedge Trend Index



Newedge Trend Indicator



Newedge Short-Term Traders Index



Newedge Macro Trading Index



Newedge Macro Trading Index (Quantitative)



Newedge Macro Trading Index (Discretionary)



Newedge Commodity Trading Index



Newedge Commodity Trading Index (Trading)



Newedge Commodity Trading Index (Equity)



Newedge Volatility Trading Index



Some of the top performing hedge funds during April included:

The Newedge CTA Index:

Graham Capital (K4D-15V): est. +2.31 percent Aquila Capital (AC Risk Parity 12): est. +2.19 percent Aspect Capital (Diversified): est. +1.65 percent The Newedge Trend Index:

Millburn Ridgefield Corp (Diversified): est. +3.13 percent Graham Capital (K4D-15V): est. +2.31 percent Aspect Capital (Diversified): est. +1.65 percent The Newedge STTI Index:

Mondiale Asset Management (Trading Program): est. +0.97 percent

R.G. Niederhoffer (Diversified): est. +0.50 percent

QuantMetrics Capital Management (Directional 2x): est. +0.14 percent

The Newedge CTA Index, which is equally weighted, calculates the daily rate of return for a pool of the largest 20 CTAs that are willing to provide daily returns and are open to new investment. Both indices are rebalanced and reconstituted annually.

The Newedge Trend Index, which is equally weighted, calculates the daily rate of return for a pool of the largest 10 trend following-based CTAs that are willing to provide daily returns and are open to new investment.

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 the largest 10 short-term, diversified CTAs who have a holding period shorter than 10 days, 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'sAlternative 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.


Newedge[1], a world-leading derivatives broker, is 100% owned and controlled by Societe Generale[2].

Able to draw on multi-asset capabilities and an agency model, it plays a pivotal role in the fully-integrated global markets proposition offered to clients that includes research; bespoke investment solutions and hedging; access to more than 85 exchanges; agency execution; an industry-leading clearing proposition (listed and OTC); financing; and award-winning prime brokerage, including cross-margining capabilities. Newedge's clearing and execution services cover all major asset classes, from interest rates to credit, FX, equities, and commodities.

For more information, you can follow us on Twitter: @Newedge, or visit our website:

[1] 'Newedge' refers to Newedge Group and all of its worldwide branches and subsidiaries. Newedge is lead regulated in France by the ACPR and AMF. Newedge is also regulated in various jurisdictions worldwide. For further information about a Newedge company, its regulatory status and services please check

[2] Societe Generale Corporate & Investment Banking (SGCIB) is a trade name for the corporate and investment banking businesses of Societe Generale. Newedge will be part of the SGCIB division. For more information on Societe Generale Group visit and for more information on SGCIB visit:

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Source: ENP Newswire