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Barclay Hedge Fund Index Up 1.22% in December; Distressed Securities Big Winner in 2016 with 14.39% Gain

FAIRFIELD, Iowa, January 23, 2017 — Hedge funds were up 1.22% in December according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index ended 2016 with a gain of 6.20%.

All but one of Barclay’s 17 hedge fund indices gained ground in December. The European Equities Index led the way with a 1.96% gain, Global Macro gained 1.87%, Distressed Securities gained 1.86%, the Event Driven Index was up 1.70%, and Equity Long Bias added 1.54%.

“The ‘Trump bump’ in the US and positive economic news in Europe continued to drive equity prices higher in December,” says Sol Waksman, founder and president of BarclayHedge.

At the end of 2016, thirteen Barclay hedge fund indices had gains for the year. Distressed Securities were up 14.39%, the Event Driven Index gained 11.30%, Emerging Markets were up 10.31%, Merger Arbitrage gained 6.06%, and Technology earned 5.86%.

“Distressed Securities ended the year with ten straight months of gains due to increased trading activity, as 2016 turned out to be the fifth highest year of total debt default on record,” says Waksman.

“Funds that have successfully identified mispriced distressed securities have been able to reap ample rewards.”

The European Equities Index lost 4.24% in 2016, and the Healthcare and Biotechnology Index was down 2.76%.

The Barclay Fund of Funds Index gained 0.83% in December, and ended 2016 with a loss of 0.53%.

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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.