Sun, Sep 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Barclay Hedge Fund Index up +0.35% in March; Emerging Markets Index jumps +2.30%

Tuesday, April 19, 2011
Opalesque Industry Update - Hedge funds gained 0.35% in March according to the Barclay Hedge Fund Index compiled by BarclayHedge. Year-to-date, the Index is up 1.95%.

“The earthquake, tsunami and nuclear disaster in Japan, increasing turmoil in the Middle East, and the outlook for higher interest rates in the future helped to drive stock and bond prices lower in developed nations,” says Sol Waksman, founder and president of BarclayHedge.

“In spite of these headwinds, hedge funds were able to eke out a small gain for the month.”

Eleven of Barclay’s 18 hedge fund indices were in positive territory in March. The Barclay Emerging Markets Index led the way with a 2.30% gain. The Healthcare & Biotechnology Index was up 0.70%, Equity Market Neutral and Convertible Arbitrage both gained 0.60%, and Fixed Income Arbitrage rose 0.56%.

“All of the regional MSCI emerging markets indices were profitable last month,” says Waksman. “Asia led the sector with a gain of 7.06 percent for March.”

The Equity Short Bias Index lost 1.85% in March, and the Pacific Rim Equities Index was down 1.35%.

All but two of the hedge fund indices tracked by BarclayHedge are profitable at the end of the first quarter of 2011. The Technology Index is up 4.85%, Convertible Arbitrage has gained 4.20%, Distressed Securities added 3.73%, and the Fixed Income Arbitrage Index is up 3.67%.

Equity Short Bias and Global Macro are the only losing hedge fund strategies in 2011, down 5.63% and 0.43% respectively year-to-date.

The Barclay Fund of Funds Index slipped 0.07% in March, but is still up 0.94% after three months.

(press release)

Sol Waksman is an experienced media source, providing perspectives on hedge fund and managed futures trends. For more commentary or background, call 641-472-3456 or email swaksman@barclayhedge.com.

BarclayHedge was founded in 1985 and actively tracks more than 6,000 hedge funds, funds of hedge funds, and managed futures programs. Each month Barclay provides updated performance rankings for 38 Hedge Fund categories and 16 CTA categories. Institutional investors, brokerage firms and private banks worldwide utilize BarclayHedge indices as performance benchmarks for the hedge fund and managed futures industries...Full performance table:Source
KM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. SEC charges 19 investment firms and one trader for breach of Rule 105[more]

    Benedicte Gravrand, Opalesque Geneva: The Securities and Exchange Commission (SEC) started a push to enhance the enforcement of Rule 105 of Regulation M last year to uncover hedge funds and private equity firms that have illegally participated in an offering of a stock after short selling it duri

  2. Fund managers, bullish on Europe, anticipate monetary policy separation of Fed and ECB[more]

    Komfie Manalo, Opalesque Asia: At least 202 fund managers with $556bn of assets under management said that while the European Central Bank (ECB) has eased its monetary policy that sent sentiments towards Europe to pick up, the Fed is expected to hike its rate in the spring of 2015. Investor

  3. Institutions - North Carolina workers call on state pension to dump up to $6bn in hedge funds, UK pension fund criticizes hedge fund fees[more]

    North Carolina workers call on state pension to dump up to $6bn in hedge funds From Forbes.com: The State Employees Association of North Carolina this afternoon called on state Treasurer Janet Cowell to withdraw all investments in hedge funds, which appear to amount to approximately $6 b

  4. News Briefs - Limited partners of investment managers may be subject to self-employment taxes, Just one week left until NYC's Rocktoberfest[more]

    Limited partners of investment managers may be subject to self-employment taxes On September 5, 2014, the Internal Revenue Service (“IRS”) issued Chief Counsel Advice 201436049, concluding that members of an investment manager were subject to self-employment taxes with respect to their e

  5. Institutions - Adviser's faith in hedge funds unshaken by CalPERS' move Advisers weigh in on CalPERS’ decision, Gina Raimondo sees no reason to follow California’s lead, exit hedge funds, Danish pension funds step up 'alternative investments'[more]

    Adviser's faith in hedge funds unshaken by CalPERS' move From WSJ.com: Financial advisers who use hedge funds in their clients' portfolios say they aren't rethinking that approach after a huge California pension fund announced plans to exit the hedge-fund market. The decision by the Cali