Wed, May 24, 2017
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. Investing - Third Point's Loeb surfs on as hedge fund washout continues, George Soros has added to his losing bets against the stock market, Hedge funds, VCs and the CIA are throwing money at ex-Bridgewater data scientists' startup, Hedge funds shed retail amid fears of "apocalypse"[more]

    Third Point's Loeb surfs on as hedge fund washout continues From Reuters/Nasdaq.com: Billionaire investor Daniel Loeb said on Thursday that he is still making money even as the hedge fund industry struggles. Loeb, who oversees the $16 billion hedge fund firm Third Point LLC, sa

  2. Investing - Tudor Jones backs AI hedge funds, Massive hedge fund trades highlight insider buying: GE, Pentair, Tempur Sealy, Apollo Global and more, Hedge funds big wigs are buying consumer and selling tech, here's the stocks[more]

    Tudor Jones backs AI hedge funds From FT.com: Hedge fund magnate Paul Tudor Jones has invested in a brace of artificial-intelligence powered "quantitative" hedge funds, underscoring the increasing acceptance that the industry will need to turn more to technology and away from traditional

  3. Soon hedge fund investors won't bet on a man, they will bet on a machine[more]

    From Forexlive.com: The Wall Street Journal is in the midst of a 17-part series that looks at the rise of quant funds. The AUM and money invested in quant funds still trails traditional asset managers but the gap is closing. What's truly amazing is volume. Quant funds make up 27% of trading vo

  4. J.P. Morgan Asset Management launches ultra-short income ETF[more]

    Komfie Manalo, Opalesque Asia: J.P. Morgan Asset Management, the $1.5tln investment management arm of JPMorgan Chase & Co., has launched the JPMorgan Ultra-Short Income ETF (JPST), an actively managed ETF that seeks to provide current incom

  5. News Briefs - A former hedge fund manager is running a free masters program in financial engineering, Trinity Fund Administration Ltd joining the Mainstream BPO Group, Chelsea Clinton's husband joins Silicon Valley's Social Capital, The quants run Wall Street now[more]

    A former hedge fund manager is running a free masters program in financial engineering A former hedge funder is offering a free masters degree in a field that's integral to Wall Street's future. Igor Tulchinsky, a former managing director at Millennium Partners, a New York-based hedge fu