BarclayHedge: Hedge Funds Add 0.75% In April

May 16 2013 | 12:36pm ET

Hedge funds inched up in April as the equity market rally continued apace.

The Barclay Hedge Fund Index added 0.75% last month and is up 4.96% on the year. By contrast, the Standard & Poor's 500 Index rose 1.8% in April and is up over 12% on the year.

"Equity markets rose again in April on indications of continued easing early in the month and positive earnings reports later in the month," BarclayHedge President Sol Waksman said.

Only three BarclayHedge strategy indices lost ground last month: equity short bias, equity-market neutral and technology, losing 4.59% (down 13.3% year-to-date), 0.89% and 0.72%, respectively.

On the other hand, Pacific Rim equities surged 4.39% (13.5% YTD). distressed securities 1.58%, global macro 1.46%, emerging markets 1.22% and healthcare and biotechnology 1.17%.

Funds of hedge funds added 0.6% in April (3.96% YTD).


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...