Sat, May 28, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Barclay Hedge Fund Index up 1.06% in May; (+5.87% YTD) most hedge fund strategies have gains in 2013

Monday, June 17, 2013
Opalesque Industry Update: Hedge funds gained 1.06% in May, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index is up 5.87% year to date.

“While improving consumer confidence and higher prices for US homes stoked concerns of Fed tapering, equity markets rallied even as interest rates moved higher,” says Sol Waksman, founder and president of BarclayHedge.

Overall, 16 of Barclay’s 18 hedge fund strategies had positive returns in May. The Barclay Healthcare & Biotechnology Index jumped 3.11%, Equity Long Bias gained 2.64%, the Distressed Securities Index rose 2.42%, Technology gained 2.36%, and Convertible Arbitrage added 1.81%.

The Barclay Fund of Funds Index gained 0.67% in May, and is up 4.82% year to date. The Fund of Funds Index now has seven straight months of gains.

The Equity Short Bias Index fell 4.01% in May and Pacific Rim Equities dropped 0.91%. “The Nikkei declined by 12 percent over the last eight trading days of the month as speculator concerns focused on the possibility of the BOJ having to scale back its policy of aggressive easing,” says Waksman.

Equity Short Bias is now down 17.14% year to date. The other 17 hedge fund strategies tracked by BarclayHedge are all in positive territory after the first five months of 2013.

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. Performance - Hedge fund ETFs take a battering, Have long-short credit funds delivered?[more]

    Hedge fund ETFs take a battering From ETFStrategy.co.uk: It was a blow for the hedge fund world when Hillary Clinton’s son-in-law Marc Mezvinsky announced he would be closing his Greek-focused fund after it plummeted in value by 90%, just two years after it launched. For passive investor

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America

  4. Emerging markets hedge funds perform strongly, but capital base erodes[more]

    Komfie Manalo, Opalesque Asia: Latin American Emerging Markets and Russian hedge funds lead industry gains in the first months of 2016, posting strong performances through April as global and EM equity, commodity and currency markets surged in recent weeks following steep losses to begin the year

  5. Americas - Australian banks sending U.S. hedge funds broke, Ryan Puerto Rico ‘rescue’ bill could be windfall for hedge funds[more]

    Australian banks sending U.S. hedge funds broke From SMH.com.au: US hedge funds are not having the best of years. Profits are hard to find, they're underperforming and the punters are losing patience, withdrawing US$15 billion ($20.8 billion) in the March quarter. They're expected to wit