Thu, Jul 31, 2014
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. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  2. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  3. Opalesque Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  4. The Big Picture: Charlemagne Capital smoothes risk out of frontier market investing with portfolio approach[more]

    Benedicte Gravrand, Opalesque Geneva: Opalesque recently talked to one of the portfolio managers of the Oaks funds, which are emerging and frontier market hedge funds focusing on equity long/short with a directional approach. They are run by

  5. Winton’s low-cost equities fund tops $1bn for first time[more]

    From FT.com: Winton, the London-based hedge fund, has increased the assets in its low-cost equities fund to more than $1bn for the first time in a sign that traditional stock managers may come under increasing pressure from computer-driven rivals. Winton, which manages about $25bn in total ass