- Advertisement -
- Advertisement -

Related

CTAs bounce back in November

Latest Report

- Advertisement -

Stockholm (HedgeNordic) –  Early estimates suggest that CTAs had a good month in November, recouping at least some losses seen in October. Year-to-date, industry benchmarks are near flat and are hovering around in unchanged territory. Estimates from Nordic managers also suggest a solid month.

The Barclay BTOP50 index that represents the worlds largest CTAs as measured by AuM, gained an estimated 3 percent on the month, however, on the year the index is still down 2.3 percent. The broader Newedge CTA index recorded a gain of 2.8 percent and is now positive for the year.

Among the Nordic managers to have reported numbers, Alfakraft Commodity Fund and RPM Evolving CTA Fund seemingly outperformed benchmarks during the month with estimated gains of 5.4% and 5.8% respectively. Lynx reports an estimated 3% up-tick for the month. Reports from Lyxor´s managed account platform suggests that CTAs mostly benefited from long positions in the usd against the euro in November as the cross moved closer to parity during the month.

 

Picture: (c) isak55—shutterstock.com

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Jonathan Furelid
Jonathan Furelid
Jonathan Furelid is editor and hedge fund analyst at HedgeNordic. Having a background allocating institutional portfolios of systematic strategies at CTA-specialist RPM Risk & Portfolio Management, Mr. Furelid’s focus areas include sytematic macro and CTAs. Jonathan can be reached at: jonathan@hedgenordic.com

Latest Articles

Mapping the Finnish Hedge Fund Landscape

Beyond operating as a media platform, HedgeNordic maintains an extensive database of Nordic hedge funds and related data. Although the data is not without...

Quirky Questions for Serge Houles (Tidan Capital)

Not every conversation in the hedge fund world needs to revolve around alpha, Sharpe ratios, or fund flows. In the ongoing Quirky Questions series,...

Quirky Questions for Mette Østerbye Vejen (Caba Capital)

Not every conversation in the hedge fund world needs to revolve around alpha, Sharpe ratios, or fund flows. In the ongoing Quirky Questions series,...

Solid First-Half Finish for Nordic Hedge Funds

Nordic hedge funds wrapped up the first half of the year on a solid note, delivering an average gain of 1.4 percent in June....

Brevan Howard Winds Down Volatility Fund Managed by Ville Helske

Brevan Howard Asset Management is winding down a volatility-focused hedge fund run by high-profile Finnish portfolio manager Ville Helske. Helske, formerly Head of Allocation...

Ymer to Launch Fourth CLO Fund with Proven Strategy and Structure

Building on the track record of three previous credit funds, Swedish alternative credit specialist Ymer SC AB is preparing to roll out its fourth...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.