Thursday, 24 July 2014
Last updated 12 hours ago
Apr 10 2007 | 10:40am ET
All signs are pointing north for hedge fund returns. According to the Barclay Hedge Fund Index, hedge fund returns are up for the ninth straight month, gaining 0.88% in March.
Sixteen of Barclay’s 18 hedge fund indices showed gains in March with the Emerging Markets Index leading the way (+1.8%), followed by event driven (+1.54%), European Equities (+1.51%), Fixed Income Arbitrage (+1.27%), and Multi Strategy (+1.22%).
“Equity prices in most developed countries fared well in March, as national indices rose in all major markets except Japan and Ireland,” said Sol Waksman, founder and president of The Barclay Group. “Fears of a hedge fund blowup stemming from problems in the U.S. sub-prime lending sector seem to have been unfounded.”
However, two hedge fund indices that did lose value last month include Pacific Rim Equities (-0.18%) and Global Macro (-0.66%).
“Equity market declines in Japan, Thailand and Taiwan pulled down the Pacific Rim sector this month,” said Waksman.
Overall, the Barclay Hedge Fund Index is up 2.88% for the year.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…