Fri, Sep 4, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Barclay Hedge Fund Index +1.48% in November, +21.60YTD

Thursday, December 17, 2009
Opalesque Industry Updates - Hedge funds gained 1.48% in November according to the Barclay Hedge Fund Index compiled by BarclayHedge. “After a slight pullback in October, hedge funds regained their upward momentum in November,” says Sol Waksman, founder and president of BarclayHedge. “The Barclay Hedge Fund Index is now up 21.60 percent in 2009, and hedge funds appear to be on the way to their best performance since 1999, when the Index gained 36.96 percent.”

Fifteen of Barclay’s 18 hedge fund indices gained ground in November. The Barclay Healthcare & Biotechnology Index jumped 3.92%, Distressed Securities rose 2.42%, Technology was up 2.45%, Global Macro gained 1.99%, Equity Long Bias was up 1.97%, and Emerging Markets rose 1.97%.

“The long side of most markets was the place to be in November,” says Waksman. “Comments from the US Federal Reserve that interest rates will remain low for the foreseeable future helped to fuel rallies in global equities, fixed income instruments, and commodities.”

On the losing side, the Barclay Equity Short Bias Index fell 1.76% in November. Short Bias is down 14.29% year-to-date, and is the only Barclay Hedge Fund Index with a negative return in 2009. The Barclay Fund of Funds Index gained 0.85% in November, and is up 9.41% for the year.

Full performance table available: Source

kb

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. Cliff Asness attracts $360 million as liquid alternative funds hold up[more]

    From Bloomberg.com: As U.S. stocks suffered their worst month in more than three years in August, Clifford Asness’s managed futures fund was able to profit. Investors are taking notice. The $9.12 billion AQR Managed Futures Strategy Fund pulled in an estimated $360 million in net subscriptions last

  2. Opalesque Exclusive: When the SEC calls, fund managers need to get out of their own way[more]

    Bailey McCann, Opalesque New York: New pressure is hitting alternative investment funds from all angles. So far this month both hedge fund and private equity players have seen enforcement actions, and subsequent fines over fees, disclosures, and misleading statements. Citi one of the biggest

  3. Performance - Einhorn and Loeb's hedge funds both decline 5% in August, Some target-date funds miss in the market turmoil[more]

    Einhorn and Loeb's hedge funds both decline 5% in August From Reuters.com: Hedge fund billionaires David Einhorn and Daniel Loeb saw their main funds lose roughly 5 percent in August during a dramatic market sell off, two people familiar with their returns said on Monday. Einhorn's

  4. Fortress hedge fund manager David Dredge says markets trouble on the way[more]

    From AFR.com: David Dredge of global hedge fund Fortress has built a career studying, predicting and protecting against the world's major financial crises. The recent convulsions in global sharemarkets are "just the beginning" of a painful adjustment as money drains from the emerging market economie

  5. North America - Puerto Rico agency plans talks with hedge fund creditors[more]

    From WSJ.com: Puerto Rico’s Government Development Bank is planning to begin confidential debt-restructuring talks with hedge funds that own its bonds as early as next week, said a person familiar with the matter. The parties are set to discuss a plan under which the investors would lend additional

 

banner