tag:blogger.com,1999:blog-22548215714318369642024-03-13T21:48:57.257-05:00BarclayHedge BlogHedge fund and managed futures reports, hedge fund performance data, hedge fund and CTA indices, hedge fund rankings and hedge fund databases.BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comBlogger703125tag:blogger.com,1999:blog-2254821571431836964.post-33034220549997182422016-02-22T11:08:00.003-06:002016-02-22T11:08:31.823-06:00Barclay CTA Index Up 0.95% in January; 70% of CTAs Start the Year with Profits <i>FAIRFIELD, Iowa, February 22, 2016</i> – Managed futures traders gained 0.95% in January according to the <a href="http://www.barclayhedge.com/">Barclay CTA Index</a> compiled by BarclayHedge.<br />
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“Seventy percent of CTAs were profitable in January as strong downtrends in global equities and commodities helped fuel uptrends in fixed income and the US Dollar,” says Sol Waksman, founder and president of BarclayHedge.<br />
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<i>Read the entire Managed Futures Press Release <a href="http://www.barclayhedge.com/research/press_releases/PR_Feb_22_2016-CTA.html">by clicking here</a>.</i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-49696833346255163242016-01-26T09:49:00.003-06:002016-01-26T09:52:21.371-06:00Barclay CTA Index Down 1.19% in December; CTAs End 2015 with an Overall 1.43% Loss<i>FAIRFIELD, Iowa, January 25, 2016</i> — Managed futures traders lost 1.19% in December according to the <a href="http://www.barclayhedge.com/">Barclay CTA Index</a> compiled by BarclayHedge. The Index was down 1.43% in 2015.<br />
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“European Central Bank easing in December fell short of investor expectations, and markets promptly registered disappointment with sharp trend reversals in European equities, interest rates, and the Euro,” says Sol Waksman, founder and president of BarclayHedge.<br />
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<i>Read the entire Managed Futures Press Release <a href="http://www.barclayhedge.com/research/press_releases/PR_Jan_25_2016-CTA.html">by clicking here</a>.</i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-89763684111657680492016-01-20T15:16:00.002-06:002016-01-20T15:16:09.587-06:00Barclay Hedge Fund Index Down 0.64% in December; Index Gains 0.29% in 2015, Worst Performance Since 2011<i>FAIRFIELD, Iowa, January 19, 2016</i> — Hedge funds lost 0.64% in December according to the <a href="http://www.barclayhedge.com/">Barclay Hedge Fund Index</a> compiled by BarclayHedge. The Index was up 0.29% at the end of 2015, its smallest yearly gain since 2011 when it declined 5.48%. The Index was unable to outperform the S&P 500 Total Return Index, which gained 1.38% last year.<br />
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“The year ended on a down note for risk assets as investors pondered the implications of slowing growth after several years of tepid recovery,” says Sol Waksman, founder and president of BarclayHedge.<br />
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<i>Read the entire Hedge Fund Press Release <a href="http://www.barclayhedge.com/research/press_releases/PR_Jan_19_2016-HF.html">by clicking here</a>.</i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-20226515689230888822016-01-20T15:13:00.001-06:002016-01-20T15:13:43.236-06:00Benchmarking Benchmarks: Much Ado About NothingBy <b>Yuliya Plyakha</b>, University of Luxembourg, Luxembourg School of Finance<br />
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Conventional wisdom holds that choosing a benchmark is one of the most important aspects in evaluating an investment strategy's performance. There is a great deal of academic research to support the use of a traditional, value-based benchmark, but fundamentals-based and optimization-based benchmarks have been put forth as superior alternatives. Comparing the three in <b>“Benchmarking Benchmarks: Much Ado About Nothing,”</b> Yuliya Plyakha, (University of Luxembourg, Luxembourg School of Finance) finds little real difference. Regardless of the benchmark used, portfolio managers are still looking at the same underlying data.
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<a href="http://www.barclayhedge.com/research/third_party_research/20160112/SSRN-Benchmarking_benchmarks.pdf" style="color: red;" target="_blank">Download the full article here.</a> <br />
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<i>From the January 2016 issue of Barclay's Insider Report. Accredited investors can <a href="http://www.blogger.com/"><i>subscribe</i></a><i> to the full newsletter for free.</i></i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-60607889522002382092016-01-20T15:08:00.003-06:002016-01-20T15:08:47.912-06:00December 2015 CTA and Hedge Fund PerformanceThirteen of Barclay’s 18 hedge fund indicies recorded positive returns in November. The average return for the 3,029 hedge funds (ex. FoFs) that have so far reported performance in November is +0.22%. Year to date, the Index is up 0.91%. 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, 10 of 18 hedge fund sectors are showing negative returns for December.<br />
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Commodity Trading Advisor performance for November as measured by the <a href="http://www.barclayhedge.com/research/cta-indices.html?btg_trk=INSIDERREPORT" target="_blank">Barclay CTA Index</a> averaged +1.52%. December’s estimate based on the performance of the Barclay BTOP50 Index is -1.60%.<br />
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<a href="http://www.barclayhedge.com/research/hedge-funds-indices.html?btg_trk=INSIDERREPORT" style="color: red;">Hedge Fund Indices</a> <a href="http://www.barclayhedge.com/research/cta-indices.html?btg_trk=INSIDERREPORT" style="color: red;">Managed Futures Indices</a><br />
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From the January 2016 issue of Barclay's Insider Report. Accredited investors can <a href="http://www.barclayhedge.com/research/newsletters/">subscribe</a> to the full newsletter for free.BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-64182708609602532662015-12-08T15:14:00.002-06:002015-12-08T15:14:39.706-06:00New Fund Launches - December 2015To see a complete list of the latest hedge funds, fund of funds and CTAs that have launched recently or will be launching soon <a href="http://www.barclayhedge.com/cgi-bin/site/fundLaunchList.cgi?btg_trk=INSIDERREPORT" target="_blank">click here</a>. 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 <a href="mailto:mpech@barclayhedge.com">mpech@barclayhedge.com</a>. Below is a list of recent fund launches:<br />
<ul>
<li><a href="http://www.barclayhedge.com/cgi-bin/site/fundLaunch/fundLaunchInfo.cgi?fId=126&btg_trk=INSIDERREPORT" target="_blank">Key Trends 15 Fund LLC</a></li>
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<i>From the December 2015 issue of the BarclayHedge Insider Report. Accredited investors can </i><a href="http://www.barclayhedge.com/research/newsletters/"><i>subscribe</i></a><i> to the full newsletter for free.</i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-69362546699193928232015-12-08T15:07:00.004-06:002015-12-08T15:07:49.428-06:00Rethinking Performance EvaluationBy <b>Campbell R. Harvey</b>, Duke University – Fuqua School of Business; and <b>Yan Liu</b>, Texas A&M University, Department of Finance<br />
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The current approach to performance evaluation is to run equation-by-equation regressions to calculate alphas. With this approach, three issues arise: 1) the estimation does not take into account any cross-sectional information; 2) there is no allowance for parameter uncertainty; and 3) the estimated alphas do a poor job of predicting future alphas. In “Rethinking Performance Evaluation,” the authors depart from the existing literature by proposing a ‘random effects’ counterpart of the current performance evaluation model.
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<a href="http://www.barclayhedge.com/research/third_party_research/20151208/SSRN-Rethinking_Performance_Evaluation.pdf" style="color: red;" target="_blank">Download the full article here.</a> <br />
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<i>From the December 2015 issue of Barclay's Insider Report. Accredited investors can <a href="http://www.blogger.com/"><i>subscribe</i></a><i> to the full newsletter for free.</i></i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-9071269731237589242015-12-08T13:48:00.005-06:002015-12-08T13:48:16.052-06:00October 2015 CTA and Hedge Fund PerformanceFifteen of Barclay’s 18 hedge fund strategies gained ground in October. Overall, the Index is up 0.70% in 2015, after four months of losses. The average return for the 2,988 hedge funds (ex. FoFs) that have so far reported performance in October is +2.23%. 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, 14 of 18 hedge fund sectors are showing positive returns for November.<br />
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Commodity Trading Advisor performance for October as measured by the <a href="http://www.barclayhedge.com/research/cta-indices.html?btg_trk=INSIDERREPORT" target="_blank">Barclay CTA Index</a> averaged -0.94%. November’s estimate based on the performance of the Barclay BTOP50 Index is +2.96%.<br />
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<a href="http://www.barclayhedge.com/research/hedge-funds-indices.html?btg_trk=INSIDERREPORT" style="color: red;">Hedge Fund Indices</a> <a href="http://www.barclayhedge.com/research/cta-indices.html?btg_trk=INSIDERREPORT" style="color: red;">Managed Futures Indices</a><br />
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From the December 2015 issue of Barclay's Insider Report. Accredited investors can <a href="http://www.barclayhedge.com/research/newsletters/">subscribe</a> to the full newsletter for free.BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-35104687509615240072015-11-19T15:15:00.001-06:002015-11-19T15:15:03.270-06:00Barclay CTA Index Down 0.78% in October; Global Equity Rally Challenges Trend Followers<i>FAIRFIELD, Iowa, November 19, 2015</i> — Managed futures traders lost 0.78% in October according to the <a href="http://www.barclayhedge.com/">Barclay CTA Index</a> compiled by BarclayHedge. The Index is down 1.52% year to date.<br />
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“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.<br />
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<i>Read the entire Managed Futures Press Release <a href="http://www.barclayhedge.com/research/press_releases/PR_Nov_19_2015-CTA.html">by clicking here</a>.</i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-59069022436923731472015-11-18T11:47:00.004-06:002015-11-18T11:47:58.586-06:00Barclay Hedge Fund Index Gains 2.19% in October; Hedge Funds Rebound on Global Equity Rally<i>FAIRFIELD, Iowa, November 18, 2015</i> — Hedge funds gained 2.19% in October according to the <a href="http://www.barclayhedge.com/">Barclay Hedge Fund Index</a> compiled by BarclayHedge. The Index rebounded in October after four months of losses, and is now up 0.69% in 2015.<br />
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“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.<br />
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<i>Read the entire Hedge Fund Press Release <a href="http://www.barclayhedge.com/research/press_releases/PR_Nov_18_2015-HF.html">by clicking here</a>.</i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-59945399931026263132015-11-10T13:43:00.001-06:002015-11-10T13:43:03.022-06:00Operational Due Diligence 3.0: Responding to a Regulated and Institutional Alternative Asset IndustryAs 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 <b>“Operational Due Diligence 3.0,”</b> 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.<br />
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<a href="http://www.barclayhedge.com/research/hedge-fund-due-diligence/articles/20151110/SwissAnalytics_Operational_Due_Diligence_3.pdf" style="color: red;" target="_blank">Read the full study here.</a> <br />
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<b><i><span style="color: #009900;">Hedge Fund Due Diligence Reports</span></i></b><br />
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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. <br />
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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. <br />
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<i>To download a sample "Silver" Due Diligence Report, simply fill out this <a href="http://www.barclayhedge.com/cgi-bin/site/new_user_level1.cgi?PC=SWISS_ANALYTICS_SILVER">short request form</a>.</i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-14677100689678426662015-11-10T13:35:00.001-06:002015-11-10T13:35:41.380-06:00Slow Trading and Stock Return PredictabilityBy <b>Matthijs Lof</b> and <b>Matti Suominen</b>, both from Aalto University School of Business<br />
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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.
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<a href="http://www.barclayhedge.com/research/third_party_research/20151110/SSRN-Slow_Trading_and_Stock_Return_Predictability.pdf" style="color: red;" target="_blank">Download the full article here.</a> <br />
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<i>From the November 2015 issue of Barclay's Insider Report. Accredited investors can <a href="http://www.blogger.com/"><i>subscribe</i></a><i> to the full newsletter for free.</i></i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-55033848311632769722015-11-10T13:25:00.002-06:002015-11-10T13:25:43.646-06:00New Fund Launches - November 2015To see a complete list of the latest hedge funds, fund of funds and CTAs that have launched recently or will be launching soon <a href="http://www.barclayhedge.com/cgi-bin/site/fundLaunchList.cgi?btg_trk=INSIDERREPORT" target="_blank">click here</a>. 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 <a href="mailto:mpech@barclayhedge.com">mpech@barclayhedge.com</a>. Below is a list of recent fund launches:<br />
<ul>
<li><a href="http://www.barclayhedge.com/cgi-bin/site/fundLaunch/fundLaunchInfo.cgi?fId=356&btg_trk=INSIDERREPORT" target="_blank"> Synchronicity Futures, LLC </a></li>
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<i>From the November 2015 issue of the BarclayHedge Insider Report. Accredited investors can </i><a href="http://www.barclayhedge.com/research/newsletters/"><i>subscribe</i></a><i> to the full newsletter for free.</i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-42661733306176812082015-11-10T13:22:00.004-06:002015-11-10T13:22:59.211-06:00September 2015 CTA and Hedge Fund PerformanceSeventeen 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.<br />
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Commodity Trading Advisor performance for September as measured by the <a href="http://www.barclayhedge.com/research/cta-indices.html?btg_trk=INSIDERREPORT" target="_blank">Barclay CTA Index</a> averaged 0.57%. October’s estimate based on the performance of the Barclay BTOP50 Index is -1.29%.<br />
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<a href="http://www.barclayhedge.com/research/hedge-funds-indices.html?btg_trk=INSIDERREPORT" style="color: red;">Hedge Fund Indices</a> <a href="http://www.barclayhedge.com/research/cta-indices.html?btg_trk=INSIDERREPORT" style="color: red;">Managed Futures Indices</a><br />
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From the November 2015 issue of Barclay's Insider Report. Accredited investors can <a href="http://www.barclayhedge.com/research/newsletters/">subscribe</a> to the full newsletter for free.BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-56503693334859352352015-10-20T14:35:00.001-05:002015-10-20T14:35:16.222-05:00Barclay CTA Index Gains 0.60% in September; Trend-Followers Profit from Falling Markets<i>FAIRFIELD, Iowa, October 20, 2015</i> — Managed futures traders gained 0.60% in September according to the <a href="http://www.barclayhedge.com/">Barclay CTA Index</a> compiled by BarclayHedge. The Index is down 0.67% year to date.<br />
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“Equities, interest rates, and commodities moved lower in September, and trend-followers were properly positioned to profit,” says Sol Waksman, founder and president of BarclayHedge.<br />
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<i>Read the entire Managed Futures Press Release <a href="http://www.barclayhedge.com/research/press_releases/PR_Oct_20_2015-CTA.html">by clicking here</a>.</i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-4649297051651445512015-10-20T14:09:00.002-05:002015-10-20T14:09:54.369-05:00Barclay Hedge Fund Index Down 1.43% in September; Investor Uncertainty Triggers Global Selloff<i>FAIRFIELD, Iowa, October 19, 2015</i> — Hedge funds lost 1.43% in September, its fourth consecutive monthly loss according to the <a href="http://www.barclayhedge.com/">Barclay Hedge Fund Index</a> compiled by BarclayHedge. The Index is down 1.21% year to date.<br />
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“Investor uncertainty fueled by weak growth numbers in the US and China, along with the Fed’s reluctance to raise US interest rates, triggered a global selloff in equities, commodities, and high yield bonds,” says Sol Waksman, founder and president of BarclayHedge.<br />
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<i>Read the entire Hedge Fund Press Release <a href="http://www.barclayhedge.com/research/press_releases/PR_Oct_19_2015-HF.html">by clicking here</a>.</i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-74388821623155882472015-10-16T11:17:00.001-05:002015-10-16T11:17:04.040-05:00Acquiring and Trading on Complex Information: How Hedge Funds Use the Freedom of Information ActBy <b>April Klein</b>, Professor of Accounting, Stern School of Business – New York University; and <b>Tao Li</b>, University of Warwick – Warwick Business School<br />
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In their paper, the authors examine how hedge fund managers make trading decisions using information about target firms by means of the Freedom of Information Act. The study also sheds light on regulatory issues — are there benefits to the vast amount of regulation in the United States?
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<a href="http://www.barclayhedge.com/research/third_party_research/20151007/SSRN-How_Hedge_Funds_Use_the_FOIA.pdf" style="color: red;" target="_blank">Download the full article here.</a> <br />
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<i>From the October 2015 issue of Barclay's Insider Report. Accredited investors can <a href="http://www.blogger.com/"><i>subscribe</i></a><i> to the full newsletter for free.</i></i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-2847296172442984062015-10-16T11:10:00.000-05:002015-10-16T11:10:01.530-05:00New Fund Launches - October 2015To see a complete list of the latest hedge funds, fund of funds and CTAs that have launched recently or will be launching soon <a href="http://www.barclayhedge.com/cgi-bin/site/fundLaunchList.cgi?btg_trk=INSIDERREPORT" target="_blank">click here</a>. 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 <a href="mailto:mpech@barclayhedge.com">mpech@barclayhedge.com</a>. Below is a list of recent fund launches:<br />
<ul>
<li><a href="http://www.barclayhedge.com/cgi-bin/site/fundLaunch/fundLaunchInfo.cgi?fId=354&btg_trk=INSIDERREPORT" target= "_blank"> KeyQuant (Key Trends 15 Fund Ltd)</a></li>
<li><a href="http://www.barclayhedge.com/cgi-bin/site/fundLaunch/fundLaunchInfo.cgi?fId=317&btg_trk=INSIDERREPORT" target= "_blank"> PXP Vietnam Smaller Companies Fund</a></li></ul>
<i>From the October 2015 issue of the BarclayHedge Insider Report. Accredited investors can </i><a href="http://www.barclayhedge.com/research/newsletters/"><i>subscribe</i></a><i> to the full newsletter for free.</i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-75214019263720114272015-10-16T11:08:00.002-05:002015-10-16T11:08:20.466-05:00August 2015 Hedge Fund and CTA PerformanceFifteen of Barclay’s 18 hedge fund indices lost ground in August; the average return for the 2,973 hedge funds (ex. FoFs) that have so far reported performance in August is -2.50%. The Index remains up 0.20% year to date. The estimates for September, 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, 13 of 18 hedge fund sectors are showing negative returns for September.<br />
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Commodity Trading Advisor performance for August as measured by the <a href="http://www.barclayhedge.com/research/cta-indices.html?btg_trk=INSIDERREPORT" target="_blank">Barclay CTA Index</a> averaged -1.74%. September’s estimate based on the performance of the Barclay BTOP50 Index is +1.74%.<br />
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<a href="http://www.barclayhedge.com/research/hedge-funds-indices.html?btg_trk=INSIDERREPORT" style="color: red;">Hedge Fund Indices</a> <a href="http://www.barclayhedge.com/research/cta-indices.html?btg_trk=INSIDERREPORT" style="color: red;">Managed Futures Indices</a><br />
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From the October 2015 issue of Barclay's Insider Report. Accredited investors can <a href="http://www.barclayhedge.com/research/newsletters/">subscribe</a> to the full newsletter for free.BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-5774166240930274462015-09-22T14:17:00.003-05:002015-09-22T14:17:27.150-05:00Barclay CTA Index Down 1.60% in August; Global Retreat from Risk Assets Pushes Prices Lower<i>FAIRFIELD, Iowa, September 22, 2015</i> — Managed futures traders lost 1.60% in August according to the <a href="http://www.barclayhedge.com/">Barclay CTA Index</a> compiled by BarclayHedge. The Index is down 1.08% year to date.<br />
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“A global retreat from risk assets precipitated by China’s unexpected announcement of a currency devaluation weighed heavily on prices for commodities, equities, and Asian currencies,” says Sol Waksman, founder and president of BarclayHedge.<br />
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<i>Read the entire Managed Futures Press Release <a href="http://www.barclayhedge.com/research/press_releases/PR_Sept_22_2015-CTA.html">by clicking here</a>.</i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-9080586086275980232015-09-21T16:39:00.002-05:002015-09-21T16:39:13.897-05:00Barclay Hedge Fund Index Drops 2.45% in August; China Slowdown Sparks Contagion Fears<i>FAIRFIELD, Iowa, September 21, 2015</i> — Hedge funds lost 2.45% in August, according to the <a href="http://www.barclayhedge.com/">Barclay Hedge Fund Index</a> compiled by BarclayHedge. The Index remains up 0.23% year to date.<br />
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“A surprise currency devaluation by the People’s Bank of China on August 11 was interpreted by investors as an indication of a weakening economy, and sparked a global sell-off of risk assets,” says Sol Waksman, founder and president of BarclayHedge.<br />
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<i>Read the entire Hedge Fund Press Release <a href="http://www.barclayhedge.com/research/press_releases/PR_Sept_21_2015-HF.html">by clicking here</a>.</i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-72779716203913598822015-09-09T13:12:00.003-05:002015-09-09T13:12:39.547-05:00New Fund Launches - September 2015To see a complete list of the latest hedge funds, fund of funds and CTAs that have launched recently or will be launching soon <a href="http://www.barclayhedge.com/cgi-bin/site/fundLaunchList.cgi?btg_trk=INSIDERREPORT" target="_blank">click here</a>. 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 <a href="mailto:mpech@barclayhedge.com">mpech@barclayhedge.com</a>. Below is a list of recent fund launches:<br />
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<li><a href="http://www.barclayhedge.com/cgi-bin/site/fundLaunch/fundLaunchInfo.cgi?fId=353&btg_trk=INSIDERREPORT" target="_blank"> Seguridad Financiera (Coffee Program)</a></li>
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<i>From the September 2015 issue of the BarclayHedge Insider Report. Accredited investors can </i><a href="http://www.barclayhedge.com/research/newsletters/"><i>subscribe</i></a><i> to the full newsletter for free.</i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-82808570506854764442015-09-09T13:09:00.001-05:002015-09-09T13:09:53.930-05:00Corporate Governance and Hedge Fund ActivismBy Shane C. Goodwin, Adjunct Professor (Finance and Managerial Economics), University of Texas Dallas<br />
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In his paper, the author finds statistically meaningful empirical evidence to reject the conventional wisdom that hedge fund activism is detrimental to the long term interests of companies and their long term shareholders. Moreover, his findings suggest that hedge funds generate substantial long term value for target firms and its long term shareholders when they function as a shareholder advocate to monitor management through active board engagement.
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<a href="http://www.barclayhedge.com/research/third_party_research/20150909/SSRN-Corp_Governance_and_HF_Activism.pdf" style="color: red;" target="_blank">Download the full article here.</a> <br />
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<i>From the September 2015 issue of Barclay's Insider Report. Accredited investors can <a href="http://www.blogger.com/"><i>subscribe</i></a><i> to the full newsletter for free.</i></i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-30729944880667041732015-09-09T12:13:00.004-05:002015-09-09T12:14:17.263-05:00July 2015 Hedge Fund and CTA PerformanceTen of Barclay’s 18 hedge fund indices gained ground in July; yet the average return for the 2,952 hedge funds (ex. FoFs) that have so far reported performance in July is -0.55%. The Index remains up 2.78% year to date. The estimates for August, 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 August.<br />
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Commodity Trading Advisor performance for July as measured by the <a href="http://www.barclayhedge.com/research/cta-indices.html?btg_trk=INSIDERREPORT" target="_blank">Barclay CTA Index</a> averaged +0.98%. August’s estimate based on the performance of the Barclay BTOP50 Index is -2.74%.<br />
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<a href="http://www.barclayhedge.com/research/hedge-funds-indices.html?btg_trk=INSIDERREPORT" style="color: red;">Hedge Fund Indices</a> <a href="http://www.barclayhedge.com/research/cta-indices.html?btg_trk=INSIDERREPORT" style="color: red;">Managed Futures Indices</a><br />
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From the September 2015 issue of Barclay's Insider Report. Accredited investors can <a href="http://www.barclayhedge.com/research/newsletters/">subscribe</a> to the full newsletter for free.BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.comtag:blogger.com,1999:blog-2254821571431836964.post-17005943303228310652015-08-17T16:10:00.003-05:002015-08-17T16:10:33.649-05:00Barclay CTA Index Gains 0.87% in July; Traders Profit from Financial Market Unrest <i>FAIRFIELD, Iowa, August 17, 2015</i> — Managed futures traders gained 0.87% in July according to the <a href="http://www.barclayhedge.com/">Barclay CTA Index</a> compiled by BarclayHedge. The Index is up 0.48% year to date.<br />
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“A rally in the value of the US Dollar sparked by the expectation of imminent Fed tightening, coupled with fears of China joining Japan and the Eurozone on the loosening bandwagon generated gains for CTAs," says Sol Waksman, founder and president of BarclayHedge.<br />
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<i>Read the entire Managed Futures Press Release <a href="http://www.barclayhedge.com/research/press_releases/PR_Aug_17_2015-CTA.html">by clicking here</a>.</i>BarclayHedgehttp://www.blogger.com/profile/13153442473403036152noreply@blogger.com