Thursday, November 19, 2015

 

Barclay CTA Index Down 0.78% in October; Global Equity Rally Challenges Trend Followers

FAIRFIELD, Iowa, November 19, 2015 — Managed futures traders lost 0.78% in October according to the Barclay CTA Index compiled by BarclayHedge. The Index is down 1.52% year to date.

“A powerful rally in global equities coming on the heels of two consecutive down months found many trend-following CTAs on the wrong side of the market in October,” says Sol Waksman, founder and president of BarclayHedge.

Read the entire Managed Futures Press Release by clicking here.

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Wednesday, November 18, 2015

 

Barclay Hedge Fund Index Gains 2.19% in October; Hedge Funds Rebound on Global Equity Rally

FAIRFIELD, Iowa, November 18, 2015 — Hedge funds gained 2.19% in October according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index rebounded in October after four months of losses, and is now up 0.69% in 2015.

“A global rally in equities fueled by continued easing in the US, Europe and Japan, together with stabilizing economic signs from China helped propel the S&P 500 to a gain of 8.30 percent in October, its strongest showing since October of 2011 when it gained 10.9 percent,” says Sol Waksman, founder and president of BarclayHedge.


Read the entire Hedge Fund Press Release by clicking here.

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Tuesday, November 10, 2015

 

Operational Due Diligence 3.0: Responding to a Regulated and Institutional Alternative Asset Industry

As the alternative asset industry has grown and matured, the discipline of operational due diligence (ODD) has become more prominent. Alternative asset investors no longer make decisions based on investment performance alone — allocators are focused equally on the risk of operational failure — be it through honest error, or in the worst case, through dishonesty and fraud. In “Operational Due Diligence 3.0,” the authors introduce a new operating model, in which the foundation of an effective ODD program is now an active, real time monitoring program, where the annual onsite visit and resulting diligence report is just one tool in a far broader toolbox of diligence procedures.

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, you receive an ongoing $500 discount on "Silver" Due Diligence reports and an exclusive 10% discount on your first "Gold" or "Ops" Due Diligence Report from SwissAnalytics.

SwissAnalytics conducts due diligence on the entire range of alternative investment strategies and managers located anywhere in the world in a timely and cost-effective manner. Services are currently offered along three core lines: "Silver"-, "Gold"-, and "Ops"-Due Diligence.

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

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Slow Trading and Stock Return Predictability

By Matthijs Lof and Matti Suominen, both from Aalto University School of Business

Market returns predict the future abnormal returns on small and illiquid stocks, implying attractive investment strategies for investors investing in the size premium or in small and illiquid stocks either directly or through exchange traded funds. In their paper, the authors provide evidence that this return predictability is due to institutional investors’ trading patterns, and demonstrate that some hedge funds exploit this return predictability.

Download the full article here.

From the November 2015 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.

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New Fund Launches - November 2015

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 mpech@barclayhedge.com. Below is a list of recent fund launches:
From the November 2015 issue of the BarclayHedge Insider Report. Accredited investors can subscribe to the full newsletter for free.

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September 2015 CTA and Hedge Fund Performance

Seventeen of Barclay’s 18 hedge fund indices recorded losses in September. The average return for the 2,961 hedge funds (ex. FoFs) that have so far reported performance in September is -1.46%. The Index is down 1.66% thru end of Q3. Estimates for October, 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 October.

Commodity Trading Advisor performance for September as measured by the Barclay CTA Index averaged 0.57%. October’s estimate based on the performance of the Barclay BTOP50 Index is -1.29%.


Hedge Fund Indices  Managed Futures Indices

From the November 2015 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.

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