Thu, Feb 11, 2016
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. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time

  2. Investing - Hedge funds bet on risks in U.S. blue-chip debt, Hedge funds bets against bank credit risk paying off, Tiger Global still likes Internet names, gets pointers from Jeter[more]

    Hedge funds bet on risks in U.S. blue-chip debt From WSJ.com: Hedge funds are betting the next bond sector to crack will be the $4.5 trillion market for the safest U.S. corporate debt. New York’s Perry Capital has placed a $1 billion wager against investment-grade bonds issued by 10 comp

  3. Short Selling - Hedge fund manager Kyle Bass is shorting real estate—again, Top US hedge fund has €80m short position in Paddy Power Betfair[more]

    Hedge fund manager Kyle Bass is shorting real estate—again From Fortune.com: He also predicted the mortgage crisis in 2008. Hedge fund manager Kyle Bass, who runs Dallas-based Hayman Capital, tanked the stock of a little-known real estate financier Friday by revealing that he is shorting

  4. Investing - Real estate secondaries sole 'bright spot' in 2015, As hedge funds stumble, one firm prepares to buy illiquid stakes[more]

    Real estate secondaries sole 'bright spot' in 2015 From IPE.com: The secondary market for property was the sole “bright spot” over the course of 2015, as hedge fund secondaries saw deals fall by two-thirds, according to a wide-ranging survey of the market. Setter Capital said 2015 saw th

  5. Asia - Hedge fund manager Kyle Bass estimates China's foreign reserves below critical level[more]

    From Nasdaq.com: Investor Kyle Bass stepped up his attack on China's currency, arguing in an investor letter distributed Wednesday that the second-largest economy's foreign reserves are "already below a critical level." The comments mark the latest effort by hedge funds and other investors to raise