Tue, Jul 26, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Barclay Hedge Fund index down 0.54% in August; uncertainty triggers global equities sell-off (+5.22% YTD)

Monday, September 16, 2013
Opalesque Industry Update - Hedge funds lost 0.54% in August, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index has a positive return of 5.22% year to date.

“Uncertainty over the Fed’s tapering timeline and possible US military intervention in Syria were primary drivers of an August global equities sell-off,” says Sol Waksman, founder and president of BarclayHedge. “The MSCI World Index was down 2.1 percent at month-end.”

Returns for hedge fund strategies were mixed in August, with ten of Barclay’s hedge fund indices losing ground while eight had gains.

The Emerging Markets Index lost 1.37%, Global Macro Index gave up 1.27%, Equity Long Bias was down 0.74%, and the Equity Long/Short Index slipped 0.59%.

“Rising US interest rates raised fears of fund outflows from net debtor emerging countries that rely on foreign investment,” says Waksman.

On the positive side, the Barclay Equity Short Bias Index gained 3.04%, Fixed Income Arbitrage was up 0.73%, Convertible Arbitrage rose 0.69%, and the Technology Index added 0.62%.

Year to date the strongest performing hedge fund strategy is Healthcare & Biotechnology, which has gained 15.97%. Pacific Rim Equities are up 14.35%, Equity Long Bias Index has gained 11.42%, and Distressed Securities have returned 10.64%.

Despite the jump by Equity Short Bias in August, the Index remains down 17.05% for the year. Emerging Markets have lost 1.74% after eight months.

The Barclay Fund of Funds Index lost 0.69% in August, but remains up 3.52% year to date.

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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. HFR: Hedge funds post strong gains in mid-July as markets recover from Brexit losses[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted strong gains through mid-July as the equity markets continued the recovery from Brexit losses. The HFRX Market Directional Index gained +2.17% (+4.22% YTD) and the HFRX Global Hedge Fund Index gained +1.03% through mid-month (+0.19%

  4. News Briefs - Carlyle goes on trial for a financial-crisis meltdown, Private equity and venture capital outperformed public markets in 2015, Pippa Middleton gets engaged to hedge fund manager James Matthews[more]

    Carlyle goes on trial for a financial-crisis meltdown Carlyle Group co-founder Bill Conway was in court on this small island last week recounting one of the most bruising episodes in his private-equity firm’s history: the 2008 collapse of mortgage-bond fund Carlyle Capital Corp. Carlyle

  5. …And Finally - Two men fall off cliff playing Pokemon Go[more]

    From BizarreNews.com: Two men who fell from a seaside cliff north of San Diego told authorities they became distracted while playing augmented reality game Pokemon Go. Encinitas fire Battalion Chief Robbie Ford said one of the men fell about 50 feet down the bluff in Encinitas while the other man fe