BarclayHedge Blog

FAIRFIELD, Iowa, December 15, 2011– Following a 1.50% drop in October, managed futures gained 0.11% in November according to the Barclay CTA Index compiled by BarclayHedge. Year-to-date, the Index remains down 3.09%.

“In spite of a gut-wrenching reversal from risk-off to risk-on in the last three days of the month, CTAs were mostly in the black at month-end,” says Sol Waksman, founder and president of BarclayHedge.

Read the entire Managed Futures Press Release by clicking here.

Labels: BarclayHedge press release, CTA

By Dermot Butler, Chairman of Custom House Global Funds Services Ltd.

Dermot Butler reflects on the events that influenced financial markets this past year and shares his thoughts about 2012.

Read the full study here.

Labels: Barclay Insider Report, Fund Administration Research Articles, Hedge Fund Administration

To see a complete list of 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:

• Goose Hollow Capital Advisors (FX)
• IFR InCube Augura Fund
• Matador Holdings (Diversified Commodity)
• Tudor McLeod Global Real Estate Fund

From the December 2011 issue of the BarclayHedge Insider Report. Accredited investors can subscribe to the full newsletter for free.

Labels: CTA, hedge funds, New Fund Launches

By Andres Bello, University of Texas-Pan American, Gökçe Soydemir, California State University Stanislaus, and Jan Smolarski, University of Texas-Pan American

Their paper finds that irrational sentiments play a role in hedge fund returns. The authors also find that investors can make use of "irrational beta" to avoid funds that display greater irrational behavior. (Note: study is a working paper.)

Download the full article here. From the December 2011 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 fund risk

Hedge funds rebounded in October, exhibited by gains in 16 of Barclay's eighteen indices. The average return for the 2,733 hedge funds (ex. FoFs) that have so far reported an October return is +3.49%. 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, 14 of 18 hedge fund sectors are showing negative returns for November.

Commodity Trading Advisor performance for October as measured by the Barclay CTA Index averaged -2.15%. November's estimate based on the performance of the Barclay BTOP50 Index is -0.25%.

Hedge Fund Indices Managed Futures Indices

From the December 2011 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 2011 issue of The Hedge Fund Flow Report. Gain insight into industry trends and hedge fund asset flows before you make your next important decision.

• The 157 hedge fund managers we surveyed in the past week have slightly altered their stance on U.S. • equities. Bullish sentiment on the S&P 500 stands at 31% in November, the fourth highest reading this year. Bearish dropped to 36%, the smallest reading since September 2011, from 57%. Note that managers have been markedly bullish in only two months (January and July) in 2011.
• Equity futures flows and short interest square with the less bearish stance on the part of hedge fund • managers. Speculative traders have been net buyers of equity futures in only seven weeks in 2011. We believe positive change in spec traders’ positions over the past 12 weeks is a cautiously bullish indicator. NYSE short interest decreased 12% to 14.1 billion shares in November from 16.1 billion shares in September, the third-straight decline and the lowest level since early August. . .

Accredited investors can read the entire article for free. From the December 2011 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, flows into CTAs, flows into hedge funds, Hedge Fund Flow Topical Study, hedge funds

FAIRFIELD, Iowa, December 13, 2011 – Hedge funds lost 1.04% in November, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index is down 4.70% in 2011.

“The S&P 500 gained 0.10 percent during the month, concealing stomach-churning intra-month volatility,” says Sol Waksman, founder and president of BarclayHedge.

Read the entire Hedge Fund Press Release by clicking here.

Labels: BarclayHedge press release, hedge funds

New York, NY – December 12, 2011 – BarclayHedge and TrimTabs Investment Research reported today that hedge fund redemptions in October were $9 billion, more than triple September’s $2.59 billion outflow. Industry assets decreased to $1.66 trillion in October from $1.73 trillion in September, the third straight monthly decline.

“Investors seem to have lost patience with lackluster hedge fund returns,” says Sol Waksman, founder and President of BarclayHedge. The Barclay Hedge Fund Index did rise 3.5% in October, bouncing back from five straight monthly declines. Assets are at their lowest since January 2010.

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

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