Wed, Apr 1, 2015
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   |   
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. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. Other Voices: The role of diversification in CTA portfolios[more]

    2014 brought a resurgence of managed futures strategies, or CTAs, which performed very well as a whole, outperforming all other hedge fund strategies. However, a closer look reveals that there was a wide range of performance, or return dispersion, across managers. The bottom line? Not all CTAs

  4. Neuberger Berman unit buys 20% stake in activist hedge fund Jana Partners for $2bn[more]

    Komfie Manalo, Opalesque Asia: Neuberger Berman’s unit Dyal Capital Partners bought a 20% stake in activist hedge fund firm Jana Partners worth $2bn, WSJ.com reports. The deal comes as activi

  5. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

 

banner