Sat, Dec 3, 2022
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Barclay Hedge Fund Index rises 0.63% in August (6% YTD) in tenth consecutive monthly gain

Tuesday, September 19, 2017
Opalesque Industry Update - Hedge Funds notched their tenth consecutive monthly gain in August 2017, rising 0.63%, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The index has risen 6.14% in 2017.

"Hedge funds continued their winning ways last month," says Sol Waksman, founder and president of BarclayHedge. "Global equity markets continued to gain ground in spite of harsh rhetoric from the US and North Korea. Hedge fund gains were broad based, with 12 of 16 sub-indices posting positive returns in August."

Technology Outshines All Sectors
Technology funds posted the sharpest gains for the month (+2.93%) and also lead for the year with a positive return of 16.48%.

Emerging Markets and Healthcare and Biotechnology continue to shine as well with gains of 1.92% and 1.71% respectively in August. Both sectors are strong gainers year to date, with Healthcare up 13.87% and Emerging Markets showing a gain of 13.13%.

Merger Arbitrage and Convertible Arbitrage were down slightly for the month while Distressed Securities fell 0.50% and the Event Driven Index was down 0.79%.

For a complete table of BarclayHedge Hedge Fund Index and Sub-Index performance for August, click here.

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. Opalesque Exclusive: Marks delves into what really matters[more]

    B. G., Opalesque Geneva: Howard Marks, co-founder and co-chairman of Oaktree Capital Management, weighs what should and should not matter for investors in his latest memo last week. Among the things t

  2. Legal: British fund manager Jeremy Leach and his firms settle fraud litigation for $11.5m, DOL slams lawsuit seeking to overturn crypto guidance[more]

    British fund manager Jeremy Leach and his firms settle fraud litigation for $11.5m From Offshore Alert: Four days before a trial was due to start in the Cayman Islands, British fund manager Jeremy Leach and eight of his firms settled a fraud complaint by agreeing to pay $11.5 million o

  3. Family offices upbeat on private assets, reduce public assets exposure[more]

    Laxman Pai, Opalesque Asia: Family offices are investing more in private assets and cutting back on investments in public markets, with higher risk-adjusted returns cited as the main driver, said a study. According to the survey findings by German digital private equity firm Moonfare, and the

  4. Opalesque Exclusive: A Swiss managed futures strategy that can offer diversification to any portfolio[more]

    B. G., Opalesque Geneva for New Managers: TARO (R) Diversified is a Swiss algorithmic and systematic investment strategy that offers diversification benefits to almost any professionally managed portfolio through it

  5. Alts manager Medalist Partners acquires a minority stake in Semper Capital to tap opportunities in structured credit[more]

    Laxman Pai, Opalesque Asia: Medalist Partners, which specializes in private credit, has acquired a minority stake in Semper Capital to extend its offerings to the mass market. Medalist currently manages approximately $2.2 billion in assets across strategies in asset-based private credit, struc