Wed, Nov 25, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Barclay Hedge Fund Index drops 2.98% in May (+1.77% YTD)

Monday, June 18, 2012
Opalesque Industry Update - Hedge funds lost 2.98% in May, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index remains up 1.77% in 2012.

“Falling equity prices worldwide weighed heavily on hedge fund performance in May,” says Sol Waksman, founder and president of BarclayHedge.

“Funds trading in companies within the energy and natural resource sectors were hit particularly hard, as fears of slowing growth in China and a recession in Europe put investors back into risk-off mode.”

“Equity Long Bias, European Equities, Emerging Markets, and Pacific Rim Equities traders all took losses for the second month in a row,” says Waksman.

In May, 16 of Barclay’s 18 hedge fund indices measured losses for the month. The Emerging Markets Index dropped 5.43%, Equity Long Bias lost 4.93%, Pacific Rim Equities fell 4.78%, European Equities gave up 3.05%, and the Event Driven Index lost 2.65%.

On the positive side, the Barclay Equity Short Bias Index jumped 9.01% in May. Equity Short Bias is still down 8.02% year-to-date.

The Barclay Fund of Funds Index lost 1.61% in May, but is still up 1.14% in 2012.

Press release


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. Investing - BlackRock targets ETF investors with flexible currency hedging, Nelson Peltz bets on General Electric Company and Mondelez International, Apple plummets to 4th place among hedge holdings, from No. 1, Top Q3 equity purchases and sales of top 50 hedge funds[more]

    BlackRock targets ETF investors with flexible currency hedging From BlackRock Inc., the world’s largest asset manager, is changing course on exchange-traded funds that protect against currency volatility. After stressing the easy switch between hedged and unhedged ET

  2. Chicago-based Achievement A. M. is shutting down hedge fund following losses[more]

    Komfie Manalo, Opalesque Asia for New Managers: Achievement Asset Management, a Chicago-based hedge fund firm, has announced it is closing down its hedge fund operation following losses on energy market bets this ye

  3. Lyxor Hedge Fund Index up 0.1% (+0.4% YTD) as global macro and CTAs outperform[more]

    Komfie Manalo, Opalesque Asia for New Managers: Global macro and CTAs outperformed the hedge fund space and delivered positive returns last week amidst difficult market conditions, with the Lyxor Hedge Fund Index up

  4. BlackRock is shutting down its Global Ascent macro fund[more]

    Komfie Manalo, Opalesque Asia: BlackRock, the world’s largest asset manager, has announced plans to shut down a macro fund, Global Ascent Fund, because of "headwinds facing the industry". The hedge fund, which makes bets on stock, bond and currency markets, will return money to investors. Ac

  5. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the