Mon, Jun 18, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Barclay Hedge Fund Index up 1.12% in March; (+3.96% YTD)

Tuesday, April 16, 2013
Opalesque Industry Update: Hedge funds gained 1.12% in March, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index is up 3.96% year to date, and has enjoyed ten straight months of gains.

“The mid-month announcement of a flawed Cyprus bailout plan unsettled global markets and sentiment shifted back to risk-off,” says Sol Waksman, founder and president of BarclayHedge.

“Interest rates moved lower and equity markets were muted with the notable exceptions of the US and Japan. The Nikkei Index gained 7.25 percent as the BOJ aggressively moved to reflate Japan’s economy and stressed its commitment to target a 2 percent inflation rate."

Overall, 15 of Barclay’s 18 hedge fund strategies were up in March. The Barclay Healthcare & Biotechnology Index gained 2.95%, Pacific Rim Equities added 2.77%, Distressed Securities was up 2.12%, and Equity Long Bias gained 1.99%.

“Although credit spreads widened in March, demand for US high yield combined with diminished supply resulted in spread compression for the HY sector,” says Waksman.

The Barclay Fund of Funds Index gained 0.90% in March, and is up 3.29% after three months.

The Equity Short Bias Index lost 3.20% in March, Emerging Markets was down 0.52%, and the Technology Index lost 0.31%. Equity Short Bias has dropped 9.38% in first three months of 2012.

BarclayHedge

Press Release

BM

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. Lyxor recommends stockpicking strategies, L/S equity hedge funds well equipped for turbulent markets[more]

    Matthias Knab, Opalesque: Market developments in May saw some trend reversals across the fixed income and commodity space. On the one hand, the unfolding of the Italian political crisis coincided with a rebound of U.S. Treasuries during the second half of May. On the other hand, the rising likeli

  2. North America - George Soros: 'Everything that could go wrong has gone wrong'[more]

    From Marketwatch.com: George Soros, tell us how you really feel. 'Everything that could go wrong has gone wrong. [Trump] is willing to destroy the world.' The 87-year-old billionaire clearly isn't shy about expressing his generally liberal views and distaste for Trump's "America First" platform,

  3. Paper: The performance of stocks actively pitched by hedge funds[more]

    Using a novel dataset drawn from investment conferences from 2008 to 2013, I show that hedge funds take advantage of the publicity of these conferences to strategically release their book information to drive market demand. Specifically, hedge funds sell pitched stocks after the conferences to ta

  4. North America - US fundraising for special purpose acquisition vehicles hits record this year[more]

    From AFR.com: Special purpose acquisition vehicles (spacs) are hitting the US market at the fastest rate on record, attracting the likes of Goldman Sachs and hedge fund investor Daniel Loeb for the two largest such deals in 2018. Spacs have raised $US4.5bn so far in 2018, the largest amount fo

  5. Investing - Man Group and AQR try to take aim at private equity industry, Hedge funds poised to be winners in AT&T-Time Warner deal[more]

    Man Group and AQR try to take aim at private equity industry From FT.com: The popularity of private equity investments has prompted asset managers such as Man Group and AQR to devise strategies that aim to replicate PE returns but at a much lower cost to investors. Both companies a