Wed, Jul 24, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds up 1.21% in April with only a handful of sectors in the red

Thursday, May 16, 2019

Laxman Pai, Opalesque Asia:

Hedge funds extended their run of positive returns to four straight months in April, returning 1.21% for the month, according to the Barclay Hedge Fund Index.

BarclayHedge, a division of Backstop Solutions, said that by comparison, the S&P 500 Total Return Index rose 2.85% in April. For the-year-to date through the end of April hedge funds returned 6.86% while the S&P was up 19.32%.

"Several factors buoyed investor sentiment in April, including U.S. first quarter growth exceeding expectations and strong U.S. consumer spending and March jobs reports," said Sol Waksman, president of BarclayHedge.

"Hopeful signs in the U.S.-China trade dispute as President Trump directed negotiators to reach a solution bolstered equity markets, while reports that Chinese economic growth held steady in the first quarter gave a further boost to investor confidence," Sol added.

The Technology Index set the pace in April with a 3.70% return, with the Emerging Markets Eastern European Equities Index close behind at 3.54%. The Equity Long Bias Index returned 3.15% for the month while the Emerging Markets Eastern Europe Index posted a 3.11% return.

"Healthy first quarter economic growth in Poland and solid consumer spending and employment gains in Romania were among the factors adding strength to Eastern European funds," added Waksman.

Other fund sectors in positive territory in April included the Emerging Markets Other Index, up 1.73%, the Emergi......................

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. Private real estate fundraising nosedives in 2Q 2019, hitting a five-year low[more]

    Laxman Pai, Opalesque Asia: Private real estate fundraising decreased significantly in Q2 2019 from the previous quarter, hitting a five-year low, Preqin said in its quarterly update on real estate. Forty-seven funds reached a final close, raising just $29bn, which marks a sharp decrease fro

  2. Regulatory: SEC reforms open door to BDC market shakeup, Regulatory rollback: First set of Volcker Rule reforms finalized[more]

    SEC reforms open door to BDC market shakeup From Reuters: The US Securities and Exchange Commission's (SEC) fund of funds proposals potentially open the door to a shakeup in the Business Development Company (BDC) market. Under the existing guidelines, regulated funds are prohibited from

  3. Regulatory: New PFIC regs released, relevant to ILS & hedge fund reinsurance strategies[more]

    From Artemis: The U.S. Internal Revenue Service and Department of the Treasury has published a new set of proposed regulations relating to passive foreign investment companies (PFICs), which are relevant to many in insurance and reinsurance, but have particular relevance to certain ILS and hedge fun

  4. Tech: Investors seek an edge by using technology that reads between the lines, Wall Street's tech transformation, Investing in artificial intelligence and automation[more]

    Investors seek an edge by using technology that reads between the lines From Fortune: Ever since British economist JohnMaynard Keynes first declared that investors are prey to people's urge to act,however irrationally, the financial world has tried to quantify the impact ofpublic sentim

  5. Opalesque Exclusive: Structural Alpha Holdings launches to offer hedge funds permanent capital solutions[more]

    Bailey McCann, Opalesque New York: Taussig Capital is launching a new vehicle - Structural Alpha Holdings. Structural Alpha Holdings builds on Taussig Capital's expertise advising hedge funds on how to create banking, insurance, and reinsurance companies to generate permanent capital. St