Barclay Hedge Fund Index Down 0.31% in June; Reversal in Emerging Markets Impacts Returns

FAIRFIELD, Iowa, July 11, 2018 — Hedge Funds lost 0.31% in June according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 0.62% increase in the S&P 500 Total Return Index. Year to date, the Barclay Index is up 0.69%, while the S&P has gained 2.66%.

“Although US equity prices rose in June, almost all of the MSCI regional indices lost ground, and most hedge fund strategies ended the month with losses as well,” says Sol Waksman, founder and president of BarclayHedge.

Twelve of Barclay’s 17 hedge fund indices had losses in June, while five had gains. Emerging Markets gave up 2.55% in June, Equity Market Neutral was down 1.22%, Pacific Rim Equities lost 0.58%, the Multi Strategy Index was down 0.53% and Fixed Income Arbitrage gave up 0.47%.

“After registering 14 consecutive profitable months through January 2018, Emerging Market funds have dropped 8.32 percent with five straight months of losses,” says Waksman.

On the positive side, Healthcare & Biotechnology gained 1.81% in June, Distressed Securities were up 1.52%, Merger Arbitrage added 1.15%, and the Event Driven Index was up 0.92%.

At the end of June, 13 hedge fund indices still have gains, while four have losses. The Healthcare & Biotechnology Index continued its strong 2018 performance, and is now up 9.80% for the year. The Technology Index has gained 7.74%, Distressed Securities are up 5.97%, and European Equities have gained 2.51%.

The Emerging Markets Index has a year-to-date loss of 4.44%, Pacific Rim Equities are down 2.36%, and Global Macro has lost 0.94%.

The Barclay Fund of Funds Index was down 0.36% in June, but remains up 0.60% for the year.

For a complete table of BarclayHedge Hedge Fund Index and Sub-Index numbers for June as well historical returns, click here.

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 6,400 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.