Tue, Jun 2, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds lost 0.18% in January, says BarclayHedge

Wednesday, February 12, 2020

Laxman Pai, Opalesque Asia:

After a four-month winning run, the hedge fund industry had a downbeat start to the new year losing 0.18% in January, according to the Barclay Hedge Fund Index.

By comparison, the S&P 500 Total Return Index was more or less break-even with a 0.04% loss in January.

According to Backstop BarclayHedge, mixed economic indicators worldwide joined with global events during the month to stunt returns for many hedge fund sectors, resulting in a reversal from December's 1.73% industry-wide return.

"January was a challenging month for investors, marked as it was by the impact of U.S.-Iran tensions at the start of the month and the beginning of the spread of the coronavirus later in January," said Sol Waksman, president of BarclayHedge.

"Those events offset the potential market benefits of a U.S.-China phase one trade deal and U.S. stocks hitting record highs mid-month," he added.

Among hedge fund sectors, the picture was mixed in January, with only 15 of BarclayHedge's 31 indices in the black for the month. The Emerging Markets Eastern Europe Index led the way with a 2.88% return.

Other January gainers included the Emerging Markets Eastern European Equities Index, up 2.34%, the Technology Index, returning 1.94%, the Convertible Arbitrage Index, gaining 1.11%, and the Event-Driven, up 0.64%.

Sectors in the red for January included the European Equities Index, down 2.38%, the Equity Long/Short Index, off 1.31%, the Volatility T......................

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. Investing: Singer bets on Europe, emerging markets, Britain's unhealthy appetite for financial risk in essential services, How Stan Druckenmiller shook up his portfolio[more]

    Singer bets on Europe, emerging markets From Investment Magazine: William Blair's Brian Singer is looking to invest in Europe and the emerging markets as the recovery from the global economic shutdown to contain the pandemic will likely take longer than what the market has priced in.

  2. PE/VC: How Covid-19 could reshape private equity fundraising, The private equity bet that coronavirus cut short[more]

    How Covid-19 could reshape private equity fundraising From Asian Investor: The pandemic looks may have led to greater use of remote capital-raising but might it also encourage investors to establish more overseas offices? The coronavirus outbreak has inevitably hit the amount of mo

  3. Investing: Millennium hedge fund ups bet against Bank of Ireland, Value rotation was the last thing big funds thought would happen, Al Gore's firm sold Amazon and Microsoft stock. Here's what it bought.[more]

    Millennium hedge fund ups bet against Bank of Ireland From Independent: US hedge fund Millennium International Management has raised its bet against Bank of Ireland's shares. It comes as Davy says 2020 will be a write-off for banks, with losses across Irish lenders of €4bn. M

  4. PE/VC: Private equity in the Covid-19 crisis, Carlyle's Africa dealmakers leave to start their own buyout firm, UK asset managers plan shift to off-market strategies including private equity[more]

    Private equity in the Covid-19 crisis From Morning Star: Private equity investment trusts invest in unquoted companies not yet listed on the stock market. How have they fared in the sell-off? Investment trusts have been caught up in the market turmoil of recent months and private equit

  5. New Launches: Apeira Capital seeks $200m for hedge fund-like bets, PIMCO filing reveals ESG fund launch could be ahead, BEA Systems co-founder launches venture fund, Salesforce Ventures launches $125m Europe Trailblazer Fund, The D. E. Shaw group closes first onshore China investment fund, Legg Mason and ClearBridge launch non-transparent ETF, Hong Kong-based asset manager MaiCapital launches actively managed bitcoin hedge fund[more]

    Apeira Capital seeks $200m for hedge fund-like bets From Bloomberg: Natalie Hwang, the former head of Simon Property Group Inc.'s venture capital arm, has launched a new firm and is seeking $200 million for a debut fund. Hwang has been discussing the vehicle with prospective investors, ac