Tue, Sep 2, 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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  3. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  4. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest

  5. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius