Short-term benchmark

摘要

We have noted the growing demand for short-term managed futures programs in this issue's Managed Money feature and Trader Profile and now both short-term programs and allocators looking for the best short-term managers have a benchmark to measure the perfor-mance of short-term strategies. Earlier this summer, futures commission merchant Newedge introduced its Short-Term Traders Index (STTI), which is designed to track the daily performance of a portfolio of short-term commodity trading advisors. "We developed this as a performance benchmark," says Brian Walls, Newedge global head of alternative investments.