Wednesday, 14 October 2015
Last updated 6 hours ago
Aug 16 2013 | 9:46am ET
Commodity trading advisers and hedge funds posted mixed results in July, according to agency broker and clearing firm Newedge Group.
Six of the firm's 11 hedge fund indices were up last month, led by the Newedge Commodity Trading Index (Equity), which rose 2.12% ( 13.48% year to date). The Newedge Commodity Trading Index (Trading) also finished the month in the black, adding 1.23%, as did the Macro Trading Index (Quantitative), up 1.35%.
The Newedge Trend Index was down 0.79% in July and the CTA Index was down 0.98%.
Commenting on the July performance data, Newedge's Ryan Duncan said: “While performance for the Newedge indices overall were mixed following a difficult June, commodity hedge funds, as represented by the Newedge Commodity Index, showed consistent growth.”
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…