Opalesque Industry Update - Hedge funds started 2021 on a positive note returning 0.98% in January, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. By comparison, the S&P 500 Total Return Index was down 1.01% in January.
Gainers outnumbered losers in January among the sectors tracked in the Barclay Hedge Fund Indices, despite challenging news on both the economic and the COVID-19 pandemic fronts during the month. Most hedge funds sectors performed solidly during a complicated month, said Sol Waksman, president of BarclayHedge. Equity markets reached record highs before tailing off late in the month with the S&P 500 experiencing its worst week since October. Meanwhile, COVID cases surged once again, leading to a U.K. lockdown and a downturn in U.S. employment. Despite the negatives, the hedge fund industry managed to produce a positive month in January.
Opalesque Industry Update - CTAs were unable to extend their two-month winning streak into the New Year as January performance dipped 0.02% for the month according to the Barclay CTA Index compiled by BarclayHedge, a division of Backstop Solutions. Although equity prices and commodity markets such as energy, crops and base metals continued higher in January, the profits were insufficient to overcome losses generated by long positions in U.S. Treasuries as interest rates rose, said Sol Waksman, president of BarclayHedge.
Most sectors tracked in the Barclay CTA Indices were in the black for January. The Cryptocurrency Traders Index led the way returning 26.99% while the Agricultural Traders Index was up 0.93% and the Discretionary Traders Index gained 0.74%. The Currency Traders Index advanced 0.41% in January while the Diversified Traders Index rose 0.07%.
Opalesque Industry Update - Managed futures funds finished 2020 with another positive month and gained 2.49% in December, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. For the year, CTAs returned 5.18%. Global equity and commodity markets benefitted from robust price rallies while safe haven assets such as bonds and the U.S. dollar declined, said Sol Waksman, president of BarclayHedge. Progress on economic stimulus measures and coronavirus vaccine approvals raised hopes that a return to normalcy was on the way.
All sectors tracked in the Barclay CTA Indices were in the black for December. The Cryptocurrency Traders Index set the pace gaining 19.66%, while the MPI Barclay Elite Systematic Traders Index returned 4.25%. The Diversified Traders Index advanced 3.87%, the Systematic Traders Index was up 2.71% and the Discretionary Traders Index gained 2.05%.
Hedge Funds Add $14.0 Billion in Inflows for November, Picking Up the Pace from October; According to Backstop BarclayHedge
Share Article FAIRFIELD, Iowa (PRWEB) January 22, 2021 The hedge fund industry posted a second consecutive month of inflows in November, adding $14.0 billion in new assets during the month. November’s inflows marked a significant increase over the $5.2 billion in new assets the industry added in October.
November’s inflows represented 0.4% of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions.
Coupled with a $134.4 billion monthly trading profit, total industry assets stood at more than $3.60 trillion as November ended.
Barclay CTA Index Gains 2.49% in December, 5.18% for 2020, According to Backstop BarclayHedge
Share Article FAIRFIELD, Iowa (PRWEB) January 20, 2021 Managed futures funds finished 2020 with another positive month and gained 2.49% in December, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. For the year, CTAs returned 5.18%.
“Global equity and commodity markets benefitted from robust price rallies while safe haven assets such as bonds and the U.S. dollar declined,” said Sol Waksman, president of BarclayHedge. “Progress on economic stimulus measures and coronavirus vaccine approvals raised hopes that a return to normalcy was on the way.”
All sectors tracked in the Barclay CTA Indices were in the black for December. The Cryptocurrency Traders Index set the pace gaining 19.66%, while the MPI Barclay Elite Systematic Traders Index returned 4.25%. The Diversified