Thu, Jun 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Barclay Hedge Fund Index gains 0.19% in March hedge funds up 5.69% in first quarter

Monday, April 16, 2012
Opalesque Industry Update: Hedge funds gained 0.19% in March, according to the Barclay Hedge Fund Index compiled by BarclayHedge.

“The US equity market extended its unbroken rally to four months in March, while European and Asian stock markets were mostly weaker,” says Sol Waksman, founder and president of BarclayHedge.

In March, 15 of Barclay’s 18 hedge fund indices had gains. The Healthcare & Biotechnology Index gained 1.88%, Technology was up 1.84%, Equity Long Bias gained 1.35%, and Equity Market Neutral added 0.80%.

On the negative side, the Emerging Markets Index dropped 1.22% in March, Global Macro gave up 0.39%, and Equity Short Bias lost 0.06%.

“After a 5.48 percent loss in 2011, the Barclay Hedge Fund Index is up 5.69 percent in the first quarter of 2012,” says Waksman.

“Strong performance by hedge fund managers successfully navigating the equity market rally has helped fuel this reversal.”

At the end of the first quarter, Equity Long Bias leads all hedge fund strategies with a 9.41% gain.

“This is the strongest start for long-biased managers in 14 years. The best first quarter for Equity Long Bias was a 10.22 percent gain back in 1998.”

After three months, the Emerging Markets Index is up 7.68%, European Equities gained 7.19%, Healthcare & Biotechnology added 7.18%, Pacific Rim Equities are up 7.05%, and the Technology Index gained 5.96%.

The only losing hedge fund strategy in 2012 is Equity Short Bias, which is down 15.66% at the end of March.

The Barclay Fund of Funds Index gained 0.48% in March, and is up 3.58% in the first quarter.

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. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  2. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  3. Chesapeake Partners to liquidate hedge fund amidst 'hostile environment'[more]

    Komfie Manalo, Opalesque Asia: Chesapeake Partners Management, the hedge fund run by woman fund manager Traci Lerner said it would return investors’ money after 25 years because the market environment has become "hostile" to manage other people’s money, reported

  4. Europe - George Soros says Brexit has ‘unleashed’ a financial markets crisis, Brexit—what we know, Will the UK’s departure be a ‘soft-Brexit’ or a ‘hard-Brexit’?, Brexit: Six-point action plan for asset managers[more]

    George Soros says Brexit has ‘unleashed’ a financial markets crisis From Bloomberg.com: Britain’s decision to leave the European Union has “unleashed” a crisis in financial markets similar to the global financial crisis of 2007 and 2008, George Soros told the European Parliament in Bruss

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.