FAIRFIELD, Iowa, February 13, 2018 — Hedge Funds gained 2.11% in January according to the Barclay Hedge Fund Index compiled by BarclayHedge.
The longest consecutive streak of profitable months for the Barclay Hedge Fund Index was the 18-month period from October 2002 through March of 2004. The current 15-month winning streak has produced a gain of 14.9% for the Index versus 25.7% during the record 18-month streak.
“Long equity positions were a major contributor to fund profits in January as earnings of US companies exceeded expectations,” says Sol Waksman, founder and president of BarclayHedge.
The Healthcare & Biotechnology Index jumped 3.96% in January, Technology gained 3.62%, the Emerging Markets Index was up 3.44%, Global Macro gained 3.39%, and Equity Long Bias added 2.95%.
All 17 Barclay hedge fund indices started the year in positive territory, building on their year-end gains for 2017. The Barclay Hedge Fund Index was up 10.45% in 2017.
The Barclay Fund of Funds Index gained 2.07% in January, following a positive return of 6.00% in 2017
For a complete table of BarclayHedge Hedge Fund Index and Sub-Index numbers for January as well historical returns, click here.
Sol Waksman is the founder and president of BarclayHedge. Waksman is an industry expert and experienced media source, providing perspectives on hedge fund and managed futures trends.
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 6,800 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.