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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.
Fifteen of Barclay’s 18 hedge fund indices had gains in October. Equity Long Bias jumped 3.75%, Emerging Markets were up 3.35%, Technology gained 3.08%, Pacific Rim Equities added 2.27%, the Merger Arbitrage was up 1.70%, and Event Driven rose 1.60%.
In the loss column, Equity Short Bias Index dropped 5.14%, European Equities were down 0.34%, and the Distressed Securities Index gave up 0.31%.
At the end of October, Merger Arbitrage has gained 6.31% year to date, Pacific Rim Equities are up 6.26%, Technology has gained 5.67%, the Equity Market Neutral Index is up 4.68%, and Healthcare and Biotechnology are up 2.87%.
The Distressed Securities Index has lost 6.73% in 2015, Equity Short Bias is down 4.19%, the Event Driven Index has lost 1.81%, and Emerging Markets are down 1.79%.
The Barclay Fund of Funds Index gained 0.96% in October, and is up 0.30% in 2015.
Click here to view five years of Barclay Hedge Fund Index data, or to download 19 years of monthly data.
Sol Waksman is an experienced media source, providing perspectives on hedge fund and managed futures trends. For more commentary or background, call 641-472-3456 or email swaksman@barclayhedge.com.
BarclayHedge is the global leader in providing independent, research-based information services to the alternative investment industry. Founded in 1985, Barclay currently maintains data on more than 6,100 hedge funds, fund of funds, and CTAs. No one has been in the business of collecting alternative investment data longer than BarclayHedge.
Institutional investors, brokerage firms, and private banks worldwide utilize BarclayHedge indices as performance benchmarks for the hedge fund and managed futures industries.
