BarclayHedge Blog

New York, NY – January 31, 2011 – Hedge fund managers are upbeat on U.S. equities but less bullish than a month ago, according to the TrimTabs/ BarclayHedge Survey of Hedge Fund Managers for January.  About 37% of the 91 hedge fund managers the firms surveyed are bullish on the S&P 500, down from 46% in January, while 26% are bearish, up from 19%.

“Less upbeat forecasts are somewhat surprising in that hedge fund managers performed exceptionally well in the final four months of 2010,” said Sol Waksman, founder and President of BarclayHedge.  “Nevertheless, the January bullish reading is the second-highest since the inception of our survey in May 2010, while the bearish reading is the second-lowest.  Hedge fund managers still have plenty of skin in the game.”

Read the entire TrimTabs Asset Flows into Hedge Funds Press Release by clicking here.

Labels: BarclayHedge press release, CTA, flows into CTAs, flows into hedge funds, hedge fund flows, hedge fund research, hedge funds

By Sevinc Cukurova, Universidad Carlos III de Madrid and Jose M. Marin, IMDEA Social Sciences Institute

In their paper they study the drawdown status of hedge funds as a hedge fund characteristic related to performance.

Download the full article here.

From the January 2011 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.

Labels: Barclay Insider Report, Barclay Insider Report Guest Article, hedge funds

Hedge fund performance slipped a little in November, yet most strategies had a positive month as reflected by gains in twelve of our eighteen indices. The average return for the 3,046 hedge funds (ex. FoFs) that have so far reported a November return is +0.53%. The estimates for December, along with the number of funds reporting for each of our 18 sectors can be found at the link below. These indices are being continually updated as current returns for the underlying hedge funds are recorded into our system. As of this writing, 17 of 18 hedge fund sectors are showing positive returns for December.

Commodity Trading Advisor performance for November as measured by the Barclay CTA Index averaged -1.59%. December's estimate based on the performance of the Barclay BTOP50 Index is +3.41%.

Hedge Fund Indices Managed Futures Indices

From the January 2011 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.

Labels: Barclay Insider Report, commodity trading advisor, hedge fund performance

FAIRFIELD, Iowa, January 12, 2011– Managed futures gained 2.85% in December according to the Barclay CTA Index compiled by BarclayHedge. The Index was up 6.26% for the year.

“As investor psychology fluctuated between risk-on and risk-off during 2010, the major market sectors – equities, bonds, currencies, and commodities – alternated rallies with price declines,” says Sol Waksman, founder and president of BarclayHedge.

Read the entire Managed Futures Press Release by clicking here.

Labels: BarclayHedge press release, CTA

FAIRFIELD, Iowa, January 11, 2011– Hedge funds gained 2.88% in December according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index is up 10.86% in 2010.

“After two years of strong gains, close to 64 percent of the hedge funds that report data to us have now recovered from losses in 2008,” says Sol Waksman, founder and president of BarclayHedge.

Read the entire Hedge Fund Press Release by clicking here.

Labels: BarclayHedge press release, hedge funds

The topical study from the January 2011 issue of The Hedge Fund Flow Report. Gain insight into industry trends and hedge fund asset flows before you make your next important decision.

• Hedge fund managers have turned very upbeat on U.S. equities. About 46% of the 92 managers we surveyed in December are bullish on the S&P 500, while only 19% are bearish. These readings are the highest and lowest (respectively) since the inception of our survey in May.


• A host of other sentiment gauges - the Merrill Lynch Bank of America survey of institutional investors, the AAII survey of retail investors, the Investors Intelligence survey of investment advisors, and the VIX - show that investors of all stripes have turned extremely optimistic on domestic stocks.


• Forecasts for the 10-year Treasury yield and the U.S. dollar index reflect the expectation of a strong economic recovery. About 54% of hedge fund managers are bearish on the 10-year note, while only 14% are bullish. These readings are the highest and lowest (respectively) since May. Meanwhile, about 39% of managers are bullish on the greenback, while only 13% are bearish. These readings are also the highest and lowest since May. . .


Accredited investors can read the entire article for free.

From the January 2011 issue of The Hedge Fund Flow Report. The Hedge Fund Flow Report combines the accuracy of the BarclayHedge database with the analytical insight of TrimTabs Investment Research. The report is generated by TrimTabs Investment Research using the most current data on thousands of hedge funds. An annual subscription includes 12 monthly updates as well as a spreadsheet containing historical flow aggregates by category.

To download a free sample of the entire TrimTabs Hedge Fund Flow Report, simply fill out this short request form.

Labels: CTA, flows into hedge funds, Hedge Fund Flow Topical Study

New York, NY – January 10, 2011 – TrimTabs Investment Research and BarclayHedge reported that the hedge fund industry posted an estimated inflow of $13.0 billion (0.8% of assets) in November 2010, the fifth straight inflow as well as the heaviest since February 2010.

“The year ahead looks bright for the hedge fund industry,” said Sol Waksman, founder and President of BarclayHedge.  “Hedge funds returned 11.6% in 2010, and investors continue to pump money into the space.  Additionally, we suspect pension managers will need to chase active returns because plans are underfunded and market yields are far too low to get the job done.”

Read the entire TrimTabs Asset Flows into Hedge Funds Press Release by clicking here.

Labels: BarclayHedge press release, CTA, flows into CTAs, flows into hedge funds, hedge fund flows, hedge fund research, hedge funds