Six of Newedge’s 11 hedge fund indices reflected positive performances during the first half of 2013.
The Newedge CTA Index closed the first six months of 2013 up 1.03 per cent, despite a decline of 1.5 per cent in June.
The Newedge Trend Index rose 0.76 per cent year-to-date as of 30 June, whilst being down 2.87 per cent for the month.
The Newedge Short-Term Traders Index increased 3.75 per cent in the first half of 2013, but decreased 1.18 per cent in June.
The best performing index through 30 June is the Newedge Commodity Trading Index (Equity), which returned 10.94 per cent, having declined 0.92 per cent for the month.
“After a solid start to the year, CTA performance broadly dipped in May and June. However, we continue to see a large dispersion of performance amongst the index constituents with some posting positive performance in June,” says Ryan Duncan, global co-head of Newedge’s advisory group for alternative solutions.