Sun, Jun 26, 2022
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds slide in September for fourth consecutive month on market selloff

Tuesday, October 20, 2015

Komfie Manalo, Opalesque Asia:

Hedge funds slid for their fourth consecutive month in September as shown by the Barclay Hedge Fund Index which is down 1.43% during the month, bringing its year-to-date losses to 1.21%.

"Investor uncertainty fueled by weak growth numbers in the U.S. and China, along with the Fed’s reluctance to raise U.S. interest rates, triggered a global selloff in equities, commodities, and high yield bonds," says Sol Waksman, founder and president of BarclayHedge.

All but one of Barclay’s 18 hedge fund indices lost ground last month. The healthcare & biotechnology index dropped 5.90%, adding to its 4.13% loss in August. The Event Driven Index was down 2.67%, Equity Long Bias lost 2.44%, Distressed Securities gave up 2.05%, and the Emerging Markets Index was down 1.53%.

The Equity Market Neutral Index was the only hedge fund strategy in positive territory for September, with a 0.87% gain.

At the end of three quarters in 2015, the Merger Arbitrage Index is up 4.54%, Equity Market Neutral has gained 4.01%, Pacific Rim Equities have risen 3.92%, Healthcare & Biotechnology is up 3.78%, and European Equities have gained 3.51%.

The Distressed Securities Index has lost 6.66% year-to-date, Emerging Markets are down 4.52%, the Event Driven Index has lost 3.09%, and Equity Long Bias is down 3.02%.

The Barclay Fund of Funds Index lost 1.67% in September, and is down ......................

To view our full article Click here

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. Alts managers sitting on over $2.5tn+ of dry powder[more]

    Laxman Pai, Opalesque Asia: In the current rising interest rate environment, investment activity in the private markets has continued to grow, revealed a study. "With alts managers sitting on over $2.5T+ of dry powder and continuing to enjoy premium valuations and interest rates on a prec

  2. Satori Capital intros energy transition fund, a long/short equity strategy[more]

    Laxman Pai, Opalesque Asia: Dallas-based alternatives manager founded on the principles of conscious capitalism, Satori Capital has launched Satori Environmental, a long/short equity strategy that primarily invests in securities impacted by the global energy sector's shift from fossil-based s

  3. The Big Picture: With the war, E, S, and G have collectively moved back to the fore[more]

    B. G., Opalesque Geneva: In this interview, Dr. Patrick Welton, founder and CIO of Welton Investment Partners, offers his observations on the major macro themes expected to affect the comm

  4. Other Voices: The selloff is overdone[more]

    Authored by Heeten Doshi, founder of Doshi Capital Management. Anyone who is still bearish and calling for more downside is foolish. The selloff is overdone. To point to further declines from here is poor risk management. With the Nasdaq 100 down 22% and S&P 500 down 13% for the year

  5. Other Voices: ESG exuberance is at all-time highs. But will investors buy?[more]

    As investors increase their focus on mission-based investing, they continue to grapple with ESG and what it means to them. By David Shalom, Director of Capital Introductions at Pershing Innovation. New investment solutions. That's how managers deliver value and attract new inve