Thu, Apr 24, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Barclay Hedge Fund Index down 3.09% (est.) in May (1.26% YTD), equity funds lose ground as markets drop

Tuesday, June 15, 2010
Opalesque Industry Update – Hedge funds lost 3.09% in May according to the Barclay Hedge Fund Index compiled by BarclayHedge.

“Fear was in the driver’s seat in May as investor worries about a liquidity crisis in Europe and a ‘double-dip’ recession in the US drove global equity prices lower,” says Sol Waksman, founder and president of BarclayHedge.

The Barclay Emerging Markets Index dropped 5.19%, Equity Long Bias lost 4.75%, European Equities fell 3.71%, Pacific Rim Equities were down 3.59%, and the Equity Long/Short Index lost 3.09%.

“All of the MSCI Developed Market country indexes lost ground during the month,” says Waksman. “And all but one of the Emerging Market indexes was down as well. Peruvian equities were the only winner in the emerging markets sector in May.”

Only one of Barclay’s 18 hedge fund indices had a gain in May. The Barclay Equity Short Bias Index jumped 7.60%, taking advantage of the widespread equity market losses.

“As of today, 85 percent of the hedge funds that have submitted their May return have reported a loss,” says Waksman.

The Barclay Fund of Funds Index lost 2.81% in May, and is down 0.59% year-to-date.

Click here Source to view five years of Barclay Hedge Fund Index data, or download 13 years of monthly data.

Full performance table: www.barclayhedge.com.


Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
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. …And Finally – Flight attendant has passengers rolling in aisle[more]

    From Orange.co.uk: A video of a US flight attendant turning her safety talk into a comedy routine is proving a huge hit online. More than five million people have watched the clip of Marty Cobb which has her passengers rolling with laughter on a Southwest Airlines flight to Salt Lake City.

  2. Niche Investing – Wealthy investors flock to fine art funds[more]

    From Clickorlando.com: Wealthy investors looking to diversify beyond stocks and bonds are now turning to an unusual money-making vehicle -- the art investment fund. The name says it all: These funds invest in fine art and seek returns by acquiring and selling high-end pieces for profit. Growth

  3. Opalesque Exclusive: Rainwater and Blue Sky - an Australian water fund emerges[more]

    Bailey McCann, Opalesque New York: Financial reporters often tout new funds and investments as uncorrelated investments, but few can say they are uncorrelated to everything but weather. Enter Blue Sky Alternative's water fund which invests in the permanent rights to Australia's water. Sev

  4. University of Michigan allocates $242m to six managers[more]

    From PIonline.com: University of Michigan, Ann Arbor, invested or committed a total of $242 million to one traditional equity manager and five alternative investment funds from its $9 billion endowment. University regents approved the hire of Mittleman Investment Management to run $35 million in act

  5. Performance – Odey flagship hedge fund suffers brutal March as shorts rise, Blackstone first-quarter profit rises 30% on higher fees[more]

    Odey flagship hedge fund suffers brutal March as shorts rise From Valuewalk.com: The tide has turned for the worse for one of Europe’s best performing hedge funds. Crispin Odey’s flagship hedge fund, Odey European has suffered a 4.63% decline for the year after slipping 7.2% in March, ac