- Advertisement -
- Advertisement -

Related

CTA performance dips in August

Powering Hedge Funds

The latest performance data for Societe General Prime Services CTA Indices shows that August was a difficult month for CTA strategies, with all managed futures indices in the red and 19 out of the 20 CTA Index constituent strategies ending August negatively. With 75% of managers having reported, the Nordic Hedge Index (NHX) CTA category indicates a downward move of 2.4%, still up 4.8% for the year.

The SG Short-Term Traders Index produced the lowest returns in August at -3.41 per cent despite remaining the strongest performing of the managed futures indices year to date. The flagship CTA index was also still in solidly positive territory year to date.

Attribution data from the SG Trend Indicator show that equity indices were the only positive sector for trend-following strategies in August, contributing 0.56 per cent to overall performance.

ll other sectors were negative, in particular commodities (-2.43 per cent) where losses in the energy complex and metals were the primary driver of losses.

Long bonds trends also gave some performance back, ending August with a negative contribution of -0.68 per cent.

Exposure to the Japan 10 year bond changed direction to short, having been long since July last year.

 “CTA strategies were one of the better performing strategies for investors in the first half of the year, and have enjoyed considerable inflows compared to other hedge fund strategies. Markets have recently become slightly more challenging, with CTAs giving back some of the gains made earlier in the year. Whilst August performance has dipped, year to date figures for our broad-based CTA and Short-Term Traders indices are still looking good, ” says Tom Wrobel, director of alternative investments consulting at Societe Generale Prime Services.

 

Picture: (c) Tihis–Dreamstime.com

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

Our newsletter is sent once a week, every Friday.

Kamran Ghalitschi
Kamran Ghalitschi
Kamran has been working in the financial industry since 1994 and has specialized on client relations and marketing. Having worked with retail clients in asset management and brokerage the first ten years of his career for major European banks, he joined a CTA / Managed Futures fund with 1,5 Billion USD under management where he was responsible for sales, client relations and operations in the BeNeLux and Nordic countries. Kamran joined a multi-family office managing their own fund of hedgefunds with 400 million USD AuM in 2009. Kamran has worked and lived in Vienna, Frankfurt, Amsterdam and Stockholm. Born in 1974, Kamran today again lives in Vienna, Austria.

Latest Articles

Two Brothers, One Model, Ten Years: The Evolution of Othania

Exactly ten years ago, two brothers on the outskirts of Copenhagen set out to build their own asset management firm. Their idea was straightforward...

Rare Valuation Gap Between Small and Large Caps

Over the past five years, Swedish small caps have oscillated between a 10 percent premium and a 10 percent discount relative to large caps,...

Protean Eyes Sweet Spot Between Active and Passive in Global Equities

In the second half of 2026, Swedish stock-picking boutique Protean Funds plans to launch a Global Aktiesparfond, a low-cost, actively managed global equity fund...

Calculo to Launch 3x Strategy and Return-Stacked Product

Since mid-2018, Philip Engel Carlsson has been running a systematic trend-following strategy focused exclusively on commodity markets. Three years ago, Calculo Capital introduced a...

Nominations for the 2025 Nordic Hedge Award

HedgeNordic is delighted to announce the nominees for the 2025 Nordic Hedge Award. The annual event aims to distinguish outstanding hedge fund managers from...

Jury Board to the 2025 Nordic Hedge Award

HedgeNordic proudly announces the jury board for the 2025 Nordic Hedge Award, assembling a group of experienced investment professionals from Nordic institutional investors and...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

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.