- Advertisement -
- Advertisement -

BarclayHedge: Hedge Funds up in January, CTA Index Down

- Advertisement -

Stockholm (HedgeNordic) – According to the Barclay Hedge Fund Index compiled by BarclayHedge, hedge funds were up 1.35% in January. 15 of 17 Barclay hedge fund indices gained ground, with Emerging Markets surging 2.63%, Technology gaining 2.57%, Healthcare/Biotechnology up 2.22%, the Event Driven index adding 2.08% and Distressed Securities climbing 1.78%.

The only losing strategies in January were Merger Arbitage, down 0.38%, and Global Macro, slipping 0.02%.

“A global stock market rally pushed US equity prices to new all-time highs – again, as the promise of tax cuts and fiscal stimulus fuelled investor confidence and provided an ample tailwind for a profitable month,” said Sol Waksman, founder and president of BarclayHedge.

The Barclay Fund of Funds Index gained 0.89% in January.

Meanwhile, BarclayHedge’s CTA Index was down 0.73% for the month, with seven of eight CTA indices losing ground. Among them were the Diversified Traders Index, down 1.20%, Systematic Traders, losing 0.87%, Currency Traders, down 0.51% and Financial/Metals Traders, conceding 0.33%.

The only managed futures strategy experiencing a gain in January was the Agricultural Traders Index, up 0.22%.

“Profits from the continuing rally in global stock markets were not enough to overcome losses resulting from trend reversals in energy, U.S. dollar weakness, and sharply rising European yields,” Mr Waksman commented.

The Barclay BTOP50 was down 1.44% in January.



Picture: (c) Sergey-Nivens—shutterstock.com






Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Glenn Leaper, PhD
Glenn Leaper, PhD
Glenn W. Leaper, Associate Editor and Political Risk Analyst with Nordic Business Media AB, completed his Ph.D. in Politics and Critical Theory from Royal Holloway, University of London in 2015. He is involved with a number of initiatives, including political research, communications consulting (speechwriting), journalism and writing his post-doctoral book. Glenn has an international background spanning the UK, France, Austria, Spain, Belgium and his native Denmark. He holds an MA in English and a BA in International Relations.

Latest Articles

January: Mirror Image of 2022 for Nordic CTAs

Stockholm (HedgeNordic) – The average return of the eight “CTA” constituents of the Nordic Hedge Index that had positive performance in 2022 was 14.4...

Did Energy Prices Cause This Inflation Surge?

Copenhagen – (Jesper Rangvid): You often hear that soaring energy prices, caused by supply-chain disruptions resulting from the pandemic and the war in Ukraine,...

UB Launches Forest-Focused PE Fund

Stockholm (HedgeNordic) – United Bankers is launching a private equity fund investing in forest and bio-based industries. The fund, named UB Forest Industry Green...

Origo’s First Ten Years on (a) Quest

Stockholm (HedgeNordic) – Long/short equity fund Origo Quest is celebrating ten years of bargain hunting in the universe of Nordic small-cap stocks. After a...

The Cycle is Back and so is Active Investing

Stockholm (HedgeNordic) – The relationship between equities and bonds has traditionally been inverse, making bonds a leading choice as a diversifier to an equities...

Alcur’s Third Win in a Row

Stockholm (HedgeNordic) – Alcur Fonder’s first hedge fund, Alcur, has been named “Hedge Fund of the Year” by Swedish business magazine Privata Affärer for...


Most Popular This Week


Request for Proposal

- Advertisement -