Tue, Jul 29, 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 0.44% in April, remains up 5.05% YTD

Friday, May 18, 2012
Opalesque Industry Update – Hedge funds lost 0.44% in April 2012, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index remains up 5.05% year-to-date.

“Equity markets in the US, Europe, and Japan traded lower on the month, giving back some of their Q1 profits,” says Sol Waksman, founder and president of BarclayHedge.

“While an economic slowdown in Europe stokes concerns of recession, a growing consensus that quantitative easing in the US is coming to an end confounds investors as to the impact on equity prices.”

In April, 12 of Barclay’s 18 hedge fund indices had losses. The Technology Index was down 1.59%, Pacific Rim Equities lost 1.55%, and Equity Long Bias gave up 0.79%.

On the positive side, the Barclay Equity Short Bias Index jumped 3.61% in April, the Healthcare & Biotechnology Index gained 0.60%, and Fixed Income Arbitrage was up 0.53%.

“Bond prices rose during the month, as evidenced by a 0.68 percent gain in the J.P. Morgan World Government Bond Index. The US 10-year gained more than two percent,” says Waksman.

Equity Short Bias is still the only losing hedge fund strategy in 2012. The Barclay Equity Short Bias Index was down 13.58% at the end of April.

“The steady rise of the S&P 500 has offered very limited trading opportunities for short sellers in 2012,” says Waksman. “But after three straight months of losses, equity short bias traders did manage to catch a bounce in April.”

The Barclay Fund of Funds Index lost 0.33% in April, but remains up 3.07% year-to-date.

Click here to view five years of Barclay Hedge Fund Index data, or download 14 years of monthly data.

(press release)

BarclayHedge was founded in 1985 and actively tracks more than 6,200 hedge funds, funds of hedge funds, and managed futures programs. Each month Barclay provides updated performance rankings for 38 Hedge Fund categories, 16 CTA categories, and 7 UCITS categories.

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. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  2. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  3. Opalesque Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  4. The Big Picture: Charlemagne Capital smoothes risk out of frontier market investing with portfolio approach[more]

    Benedicte Gravrand, Opalesque Geneva: Opalesque recently talked to one of the portfolio managers of the Oaks funds, which are emerging and frontier market hedge funds focusing on equity long/short with a directional approach. They are run by

  5. Winton’s low-cost equities fund tops $1bn for first time[more]

    From FT.com: Winton, the London-based hedge fund, has increased the assets in its low-cost equities fund to more than $1bn for the first time in a sign that traditional stock managers may come under increasing pressure from computer-driven rivals. Winton, which manages about $25bn in total ass