BarclayHedge: Hedge Funds Up 3% In March

Apr 16 2010 | 12:04pm ET

With stock markets around the world soaring, March’s rising tide lifted almost all hedge funds, according to the Barclay Hedge Fund Index.

Seventeen of BarclayHedge’s 18 strategy indices enjoyed positive returns in March, although all trailed the Standard & Poor’s 500 Index on the month. BarclayHedge founder Sol Waksman said nearly 87% of the funds reporting were up last month, pushing the overall index up 3.08%.

The benchmark is up 3.43% through the first quarter.

Emerging markets funds did best in March, rising 5.23% (4.06% year-to-date), followed by healthcare and biotechnology funds at 5.15% (6.27% YTD). Equity long-bias funds jumped 4.03%, technology funds 3.85%, Pacific Rim stock funds 3.84% and distressed securities funds 3.79% (6.7% YTD).

Only equity short-bias funds took a dive in March, falling 6.22% on the month to drag it down to 6.13% on the year.

Funds of hedge funds rose 1.73% last month (1.41% YTD).


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...