BarclayHedge Blog

FAIRFIELD, Iowa, December 17, 2009–Managed futures gained 2.15% in November according to the Barclay CTA Index compiled by BarclayHedge.

“Fears of a default by Dubai World coupled with growing confidence that central bankers would keep interest rates low provided excellent profits for properly positioned interest rate trades,” says Sol Waksman, founder and president of BarclayHedge.

Read the entire Managed Futures Press Release by clicking here.

Labels: BarclayHedge press release, managed futures

FAIRFIELD, Iowa, December 16, 2009– Hedge funds gained 1.48% in November according to the Barclay Hedge Fund Index compiled by BarclayHedge.


“After a slight pullback in October, hedge funds regained their upward momentum in November,” says Sol Waksman, founder and president of BarclayHedge.

Read the entire Hedge Fund Press Release by clicking here.

Labels: BarclayHedge press release, hedge funds

BarclayHedge is now posting new fund launches on our website. Check back often, as we’ll be updating this information daily. To see the latest hedge funds, fund of funds and CTAs that have launched recently or will be launching soon click here. Fund Managers who would like to see their new fund listed on Barclay’s website and featured in the next Insider Report, can submit new fund launch press releases directly to rmiller@barclayhedge.com. Below is a list of recent fund launches:

• Beach Horizon LLP US Onshore Fund


• Global Opportunities Program


• Pharos Micro Agriculture Fund

From the December 2009 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.

Labels: CTA, hedge funds, New Fund Launches

By Hilary Till, Research Associate, EDHEC-Risk Institute and Principal, Premia Capital Management, LLC

In her paper she examines whether speculative position-taking has been excessive relative to commercial hedging needs in the exchange-traded oil derivatives markets over the past three years.

Download the full article here.

From the December 2009 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.

Labels: Barclay Insider Report, Barclay Insider Report Guest Article, commodities, commodity trading advisor, CTA, managed futures

By Galen Burghardt and Lianyan Liu, Alternative Investments Group of Newedge

In their paper, they examine portfolios using metrics that appear to have predictive power – correlations and volatility - and find that these “teamwork” portfolios exhibit less turnover, lower transaction costs and provide an intriguing approach to portfolio construction.

Download the full article here.

From the December 2009 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.

Labels: Barclay Insider Report, Barclay Insider Report Guest Article, hedge funds

Hedge funds were slightly down in October even though nine of our eighteen hedge fund indices measured gains. The average return for the 2,631 hedge funds (ex. FoFs) that have so far reported an October return is -0.14%. The estimates for November, along with the number of funds reporting for each of our 18 sectors can be found at the link below. These indices are being continually updated as current returns for the underlying hedge funds are recorded into our system. As of this writing, 15 of 18 hedge fund sectors are showing positive returns for November.

Commodity Trading Advisor performance for October as measured by the Barclay CTA Index averaged -0.97%. November's estimate based on the performance of the Barclay BTOP50 Index is +1.96%.

Hedge Fund Indices Managed Futures Indices

From the December 2009 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.

Labels: Barclay Insider Report, commodity trading advisor, hedge fund performance

The topical study from the December 2009 issue of The Hedge Fund Flow Report. Gain insight into industry trends and hedge fund asset flows before you make your next important decision.


We have observed in previous studies that there was a dramatic mean reversion in hedge fund returns over the past two years. In this study, we focus on the handful of funds that outperformed their peers in both years. What are the common characteristics of these “star performers?” Is it possible to identify them ex ante?

We found that:

• Less than 13% of all hedge funds posted positive returns in both 2008 and 2009. The bulk of hedge funds (68%) posted losses in 2008 and gains in 2009.
  
• The asymmetry persists when we compare hedge fund returns to their industry benchmarks. Only 14.9% of the funds beat their industry benchmarks in both years. The share of “double-outperformers” was higher among Equity Long-Short and Sector Specific funds.
  
• Hedge funds that outperformed their industry benchmarks in 2008 and 2009 are 24% larger than the average, though this is mostly due to their strong performance and lower than average redemptions in the past two years. . . .

Accredited investors can read the entire article for free.

From the December 2009 issue of The Hedge Fund Flow Report. The Hedge Fund Flow Report combines the accuracy of the BarclayHedge database with the analytical insight of TrimTabs Investment Research. The report is generated by TrimTabs Investment Research using the most current data on thousands of hedge funds. An annual subscription includes 12 monthly updates as well as a spreadsheet containing historical flow aggregates by category.

To download a free sample of the entire TrimTabs Hedge Fund Flow Report, simply fill out this short request form.

Labels: CTA, Hedge Fund Flow Topical Study, hedge funds