BarclayHedge Blog

FAIRFIELD, Iowa, January 19, 2010 – Managed futures lost 1.43% in December and CTAs ended the year down 0.10% according to the Barclay CTA Index compiled by BarclayHedge.

“Unexpected trend reversals in December erased much of November’s profits,” 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, January 14, 2010– Hedge funds rebounded from 2008 losses with a 24.14% gain in 2009 according to the Barclay Hedge Fund Index compiled by BarclayHedge.

“Based on our calculations, close to 55 percent of single manager hedge funds now have a profit for the time period from June 1, 2008 to December 31, 2009,” says Sol Waksman, founder and president of BarclayHedge. “Of those funds that are still in negative territory, the average loss is currently at 17 percent.”

Read the entire Hedge Fund Press Release by clicking here.

Labels: BarclayHedge press release, hedge funds

New York, NY – January 12, 2010 – TrimTabs Investment Research and BarclayHedge reported that all hedge funds posted an estimated inflow of $18.7 billion in November, more than double the inflow of $8.2 billion in October. The inflow in November was the largest since May 2008.

“Flows into hedge funds are back to pre-crisis levels,” said Sol Waksman, CEO of BarclayHedge. “Nevertheless, the inflow of $54 billion in the latest four months reversed only a small portion of the redemptions of $402 billion from September 2008 through July 2009.”

In addition, funds of hedge funds took in $4.9 billion in November, their first significant inflow since March 2008.

Read the entire TrimTabs Asset Flows into Hedge Funds Press Release by clicking here.

Labels: BarclayHedge press release, flows into CTAs, flows into hedge funds, hedge fund flows, hedge fund research, hedge funds

Recent work has shown that 1 in 5 hedge fund managers misrepresent facts during due diligence meetings (Brown, Goetzmann, Liang and Schwarz, 2009). This study takes a closer look at examples of misrepresentations and omissions, and explains the steps to take to uncover the truth about managers, their funds and their history.

Read the full study here.


Hedge Fund Due Diligence Reports

BarclayHedge and SwissAnalytics have teamed up to offer hedge fund and CTA due diligence. As a BarclayHedge member receive an exclusive 10% discount on your first Hedge Fund Due Diligence Report from SwissAnalytics.

SwissAnalytics offers a comprehensive approach to systematically score each fund on more than 140 qualitative risk factors. SwissAnalytics researchers conduct full-service due diligence on the entire range of hedge fund and CTA strategies and managers located anywhere in the world in a timely and cost-effective manner.

To download a sample Due Diligence Report, simply fill out this short request form.

Labels: cta due diligence, due diligence, hedge fund due diligence, hedge fund risk, hedge fund risk analysis

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:

• A2M Lion Fund


• AN Commodity Fund


• APAC APEMM


• Belltower Fund


• CAM Distressed/Credit Opportunities Fund


• FCP Finalties Equities (UCITS3)


• Galloway Global Fixed Income Fund


• Global Wealth STP


• Herschel Absolute Return Fund


• KeyPoint Real Estate Opportunity Fund LP


• Lionhart Enhanced Opportunities Fund Ltd


• MAG MA2 Fund, LP.


• Merrant Select Market Neutral


• Northlight European Fundamental Credit


• Ocean Capital China Macro Fund


• Point Defiance Microcap Fund


• Quest Brazil Equity Fund


• SEAL Capital Global Strategy


• The Deuce


• Tradex Global Liquid 50 Portfolio


• YA Global Investments II Ltd

From the January 2010 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.

Labels: CTA, hedge funds, New Fund Launches

By Momtchil Pojarliev, Hathersage Capital Management LLC and Richard M. Levich, Finance Department, New York University's Leonard N. Stern School of Business

In their paper, they propose a methodology to measure crowded trades and apply it to professional currency managers. They also offer useful insights regarding the popularity of certain trades – in currencies, gold, or other assets – among hedge funds.

Download the full article here.

From the January 2010 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, currency funds

Hedge funds had a positive month in November reflected by gains in fourteen of our eighteen indices. The average return for the 2,682 hedge funds (ex. FoFs) that have so far reported a November return is +1.33%. The estimates for December, 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, 16 of 18 hedge fund sectors are showing positive returns for December.

Commodity Trading Advisor performance for November as measured by the Barclay CTA Index averaged +2.28%. December's estimate based on the performance of the Barclay BTOP50 Index is -2.34%.

Hedge Fund Indices Managed Futures Indices

From the January 2010 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.

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

The topical study from the January 2010 issue of The Hedge Fund Flow Report. Gain insight into industry trends and hedge fund asset flows before you make your next important decision.


Three main factors impact the size of the hedge fund industry - its returns, the flows into existing funds and the net creation (or liquidation) of hedge funds. Since we comment regularly on hedge fund flows and returns, we focused on hedge fund creations and liquidations.

We found that:

• The hedge fund industry lives in a very Darwinian world, i.e. 6.5% of hedge funds (in terms of assets) disappear every year while 6.9% are created. At this pace, it takes only 15 years to fully replace the hedge fund industry.


• The pace of hedge fund creation has slowed as the industry has matured. Fund launches represented 4.1% of hedge fund assets in 2008 and 2009, against 10.5% in 2002 and 2003.


• In terms of assets, liquidations have exceeded new fund launches in each of the past four years.


• 2009 was the worst year on record for fund launches. Fewer funds were launched and they started with far fewer assets (an average of $452 million …

Accredited investors can read the entire article for free.

From the January 2010 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

FAIRFIELD, Iowa, January 8, 2010 – BarclayHedge announced today the names of the twelve currency programs that will comprise the Barclay BTOP FX Index for the year 2010.

Launched in January 2005, the BTOP FX is the first daily index of currency traders and has monitored selected trader’s returns on a daily basis for the past five years.

“The BTOP FX Index seeks to replicate the overall composition of the currency sector of the managed futures industry with regard to trading style and overall market exposure,” says Sol Waksman, founder and president of BarclayHedge.

Read the entire Managed Futures Press Release by clicking here.

Labels: BarclayHedge press release, commodity trading advisor, CTA, managed futures