Fri, Nov 28, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Hedge funds get off to a fast start in 2012; Barclay Hedge Fund Index gains 2.93% in January

Tuesday, February 14, 2012
Opalesque Industry Update: Hedge funds gained 2.93% in January, according to the Barclay Hedge Fund Index compiled by BarclayHedge.

“The Fed’s announcement that they will keep interest rates near zero percent through 2014 helped to fuel the equity rally that began in mid-December,” says Sol Waksman, founder and president of BarclayHedge.

All but one of the 18 indices tracked by BarclayHedge had gains in January. The Barclay Equity Long Bias Index was up 4.99%, Healthcare & Biotechnology gained 4.96%, Emerging Markets were up 4.40%, the Event Driven Index added 2.79%, and European Equities gained 2.49%.

“Although investor money flowed into risk assets, bonds prices also rose with the JP Morgan World Government Bond Index gaining 61 bps,” says Waksman.

“Favorable market conditions set the stage for a strong showing with roughly 85 percent of hedge funds reporting profits in January.”

After leading all BarclayHedge indices in 2011 with an overall return of 6.57%, the Equity Short Bias Index dropped 10.48% in January.

“The Equity Short Bias Index suffered its worst January performance in 15 years, since we began tracking the returns of short sellers in 1997,” says Waksman. “The previous low for January was a 3.36 percent loss in 2006.”

The Barclay Fund of Funds Index was up 2.08% in January, its best start since a 2.85% gain in January of 2006.

BarclayHedge

Press Release

BM

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. Unlucky Paulson & Co. rebrands $1.6bn Recovery Fund after 13% drop[more]

    From Businessweek.com: A maturing U.S. economic recovery is prompting Paulson & Co. to change course. The $19 billion hedge fund firm, led by billionaire John Paulson, told investors on a conference call this month that the Paulson Recovery Fund will be renamed Paulson Special Situations Fund on Jan

  2. Opalesque Roundtable: Islamic Finance races ahead with Sukuk, the first managed account platform, and foreign demand[more]

    Komfie Manalo, Opalesque Asia: A number of developments took place within Islamic finance in the past years, including the launch of a Islamic managed account platform and the further growth of the sukuk space that saw this instrument evolve from being a type of an ABS security that was rarely

  3. CTAs , event-driven strategies lead hedge funds recovery in mid-November[more]

    Komfie Manalo, Opalesque Asia: November’s performance proves to be in sharp contrast to the previous month, with equities further consolidating their upswing last week, according to the latest Lyxor Asset Management’s Weekly Brief. CTA funds als

  4. Fund Profile - A complex hedge fund strategy works for United Technologies[more]

    From Institutionalinvestor.com: Reports that portable alpha is dead have been greatly exaggerated, as Mark Twain might have phrased it. Another Connecticut Yankee, giant United Technologies Corp., is gearing up to grow its successful, nearly decade-long portable-alpha program. The UTC strategy took

  5. Opalesque Exclusive: The unintended consequences of Basel III[more]

    Benedicte Gravrand, Opalesque Geneva: Bijesh Amin, co-founder and managing director of Indus Valley Partners (IVP), a technology solutions and services firm focused on the alternative asset management industry, has recently observed