Sun, Dec 4, 2016
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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  3. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  4. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  5. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released