The Barclay Group
Home Your Account Contact
Alternative Investment Resources
Performance Ranking Barclay Indices Research Library Software Products and Publications Consulting Services Barlcay Alternative Investment Database Manager's Corner
 
   
 
SEARCH

Press Releases

FOR IMMEDIATE RELEASE

Barclay/GHS Index Up 2.24% in July; Managed Futures Drop 0.53%

FAIRFIELD, Iowa, August 9, 2005 -- With 1,053 funds reporting, the Barclay/GHS Hedge Fund Index is up 2.24 percent in July, and Barclay’s Fund of Funds Index gained 1.53 percent.

Managed futures did not fare as well, as the Barclay CTA Index dropped 0.53 percent. The Barclay BTOP50 Index, which measures the performance of the largest traders, lost 0.17 percent in July.

“Year to date, hedge funds have gained 4.33 percent, and fund of funds are up 2.32 percent.” says Sol Waksman, president of The Barclay Group. “Even though these returns are lower than some investors’ expectations, let’s not forget that they’re nearly double what we saw last year at this time, and 2004 was a decent year both on an absolute and a relative basis.”

Overall, 17 of the 18 hedge fund strategies tracked by Barclay were profitable in July. Equity Long Bias gained 3.41 percent, the Technology Index rose 3.12 percent, while Healthcare and Biotechnology was up 3.10 percent. Only Equity Short Bias was down, losing 1.65 percent.

In managed futures, five of the six Barclay CTA indices were down. Financials and Metals Traders lost 2.01 percent, erasing June gains. Discretionary Traders lost 0.66 percent, and Systematic Traders slid 0.38 percent. The Agricultural Traders Index held on to a 0.01 percent gain.

The Barclay Group, founded in 1985, actively tracks more than 4500 hedge funds and managed futures programs. The Barclay/Global HedgeSource hedge fund indexes are utilized worldwide as performance benchmarks for the hedge fund industry.

Go to www.barclaygrp.com to view Barclay’s constantly updated data, or to download seven years of Barclay/GHS Hedge Fund Index data or 18 years of Barclay BTOP 50 Index data.

Call Sol Waksman at 641-472-3456 for more hedge fund and managed futures commentary, or email sol@barclaygrp.com.