- Advertisement -
- Advertisement -

CTAs march on in February

- Advertisement -

Stockholm (HedgeNordic) – CTAs had another good run in February as continued worries for the health of the global economy translated into profitable positions in fixed income. In the energy sector, the price of natural gas fell sharply also benefiting momentum-based strategies in particular.

Among CTA benchmarks, the Barclay CTA Index climbed 1.6% (+2.8% YTD) while the SG CTA Index added 3.0% (+7.3% YTD). The HedgeNordic CTA Index (NHX) gained 4.3% (9.6% YTD).

Nordic CTAs overall posted solid returns for the month with only one manager (MG Commodity) showing negative numbers. Top performers included funds from Swedish CTA specialist RPM and Swedish quant macro shop IPM.

In the case of RPM, the GALAXY fund which includes both trend following and short-term CTAs added 6.2% on the month (10.6% YTD) while the RPM Evolving Fund, investing into early stage CTAs carrying smaller AuM gained 4.8% (12.6% YTD). IPM recorded continued gains for both its Macro (+5.3%) and Currency (+4.9%) programs, these are now up 12% and 8.5% respectively for the full year.

Among the large names, Lynx gained 3.5% while SEB Asset Selection added 1.8% on the month.

Nordic CTA-rank, February 2015

ctta
Nordic CTAs ranked by February performance

Picture: (C) ramcreations – 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

RFP: Search for “Limited Loss” Strategies

Stockholm (HedgeNordic) – A German corporate investor is seeking to invest in at least one “limited loss” strategy, with a minimum allocation of €100...

Indecap and PriorNilsson to Unite Forces

Stockholm (HedgeNordic) – Swedish fund manager Indecap has announced the acquisition of fund boutique PriorNilsson Fonder, marking the beginning of a strategic collaboration set...

Benchmark-Plus High-Yield Investing at LD Pensions

Stockholm (HedgeNordic) – Danish pension fund LD Pensions manages two separate pension funds, each with different investment horizons. While the allocation across equities, investment-grade...

Small-cap Equities: Entering a Sweet Spot?

By Krzysztof Janiga, CFA, Senior Equity ETF Strategist at SPDR: As valuation levels in large caps became extreme, the market rally began to broaden...

Rhenman’s Healthcare Fund Transitions to Article 8 Classification

Stockholm (HedgeNordic) – Since its inception in mid-2009, the Rhenman healthcare fund has focused on investing in healthcare companies, which contribute to at least...

The ART of Finding Right Tails

Stockholm (HedgeNordic) – Philosopher Nassim Nicholas Taleb coined the term ‘Black Swan’ to describe the tendency to underestimate the likelihood of extreme, hard-to-predict events,...

Allocator Interviews

Latest Articles

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -