Friday, 29 August 2014
Last updated 1 hour ago
Aug 22 2007 | 11:09am ET
Hedge funds gained 0.62% in July, according to flash estimates from the Barclay Hedge Fund Index.
Eleven of Barclay’s 18 Hedge Fund Index gained ground last month with Equity Short Bias leading the way at 6.56% (2.12% YTD) followed by Emerging Markets up 3.19% (16.46% YTD).
“Although we’re seeing more hedge fund losses this month, the bottom line is that the overall hedge fund and fund of funds index are positive once again,” said Barclay Group founder Sol Waksman. “Except for the handful of funds that blew up, the sky is not falling.”
However, six sectors did lose ground in July. The Healthcare and Biotech Index fell 2.48%, Merger Arbitrage lost 1.59%, and the Event Driven Index was down 0.66%. “There have been some well-publicized losses among a few high-profile funds that invest in sub-prim mortgages,” said Waksman. “Those losses highlighted weakness in the fixed-income sector and sparked a wave of selling in equity markets that sent stock prices into the loss column in July.”
Year to date, the Barclay Hedge Fund Index has returned 8.05%.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...