All the Newedge managed futures indices posted positive returns for the third consecutive month in October, extending the positive performance in 2014 YTD.
Trend-following strategies continue to drive returns, with the Newedge Trend Index returning +1.76 per cent for the month.
The Newedge Trend Indicator also posted another positive month, showing +1.83 per cent for October, bringing 2014 YTD performance to +20.29 per cent.
Data from the Newedge Trend Indicator shows that both the bond and currency sectors were the main drivers of portfolio performance in October, with bonds contributing +2.70 per cent and currencies +1.69 per cent. The commodity sector built on September gains and showed +0.65 per cent positive performance, but still remains in negative territory for the year so far.
James Skeggs, global head of advisory group at Newedge, says: “We have seen strong CTA performance during the past three months, which is driving a resurgence of investor interest in managed futures. Trend following and Short-term trading strategies have done well recently, with such funds continuing to benefit from increased market volatility.”
