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 gains 1.80% in October (9.15% YTD)

Monday, November 18, 2013
Opalesque Industry Update - Hedge funds gained 1.80% in October, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index is up 9.15% year to date.

“Investors correctly anticipated that a deal would be worked out to resolve the partial US government shutdown and debt ceiling debate," says Sol Waksman, founder and president of BarclayHedge.

Fifteen of Barclay’s 18 hedge fund indices had gains in October. Equity Long Bias gained 2.58%, European Equities were up 2.48%, Emerging Markets gained 2.22%, the Event Driven Index rose 2.11%, and Distressed Securities added 1.90%.

“Equity markets rallied again in October with the Euro Stoxx 50 Index gaining 6.04 percent and the S&P 500 rising 4.6 percent,” says Waksman.

“Although prices trended higher, 20 percent of the S&P 500 constituents posted losses and created greater dispersion of equity price movements and better trading opportunities for long/short managers.”

On the losing side, the Equity Short Bias Index was down 3.14% in October 2013, Technology slipped 0.11%, and Merger Arbitrage gave up 0.10%.

Year to date, the Healthcare & Biotechnology Index has gained 22.26%, Pacific Rim Equities are up 19.00%, the Equity Long Bias Index has gained 17.63%, Distressed Securities have returned 13.92%, and Equity Long/Short is up 10.70%.

The Equity Short Bias Index is down 23.78% in 2013, and is close to matching the 24.12% loss recorded in 2012.

The Barclay Fund of Funds Index gained 1.27% in October, and is up 6.15% year to date.

Press release

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. 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. Opalesque Exclusive: Directors want to be considered trusted partners by new manager[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A hedge fund director provides her perspective on emerging hedge fund managers. She will happily work with those who have set themselves up for future growth, s