Wed, May 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge fund industry three-month growth streak halted - eVestment

Wednesday, November 21, 2012

Bailey McCann, Opalesque New York: Hedge funds three month growth streak hit the wall in October as asset outflows eclipsed growth according to new data from eVestment. Total estimated hedge fund assets under management declined by $29.5bn in October, the largest drop since September 2011. Flows for credit strategies were negative despite consistent, positive returns over the last several months. This type of outflow with no negative performance driver is rare, and last occurred almost 3 years ago.

According to the report, investors redeemed an estimated $17.7bn from hedge funds in October, nearly erasing the estimated $17.8bn of net inflows in Q3. Managed futures funds had the largest outflows since the tail end of the financial crisis. Outflows donít necessarily match levels seen in January 2009, but appear to be higher than any other month since. Investors have also started to move away from equity strategies, removing assets in all three quarters, across both hedge funds and traditional managed accounts in 2012, a signal of elevated concern for global growth.

Emerging markets are still seeing assets come in, although on the institutional side much of this is happening directly through traditional institutional accounts rather than through emerging market hedge funds. The investment trend in emerging markets suggests increasing overlap in the spheres of activity institutions and hedge funds find themselves engaged in. Exposures in this area include also include eme......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. News Briefs - Ergen says LightSquared plan unfairly favors hedge funds, Why hedge fund managers make good advisory clients, I learned a lot about dad-bros after spending 4 days in Vegas with 2,000 hedge funders[more]

    Ergen says LightSquared plan unfairly favors hedge funds LightSquared Inc.ís bankruptcy plan gives hedge funds that invested in the broadband company a leg up while blocking telecommunications firms from competing with it, a fund owned by Dish Network Corp. Chairman Charles Ergen said in

  2. Opalesque Exclusive: SEC approves proposed changes to Form ADV, '40 Act - comment period to follow[more]

    Bailey McCann, Opalesque New York: Hedge funds and providers of liquid alternatives will want to pay close attention to proposed reforms approved by the SEC yesterday. The changes will require more frequent reporting, as well as a closer look into social media, liquid alternative strategies, and

  3. Investing - Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds, Hedge funds buy Actavis, Valeant. ETFs join the party, The most loved biotechs of big hedge funds, Stocks to buy ... according to hedge funds, Atlantic City bond offering attracts hedge funds as buyers, Okumus Fund Management discloses huge new Ascent Capital Group stake[more]

    Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds From Boingboing.com: When a giant hedge fund is bidding on all the foreclosed houses in a poor neighborhood, living humans don't stand a chance -- but that's OK, because rapacious investors make great landl

  4. Institutions - Institutional investors turn to real estate, planes, Assets at Bostonís five biggest family nonprofits rise to $3.5bn[more]

    Institutional investors turn to real estate, planes From Joins.com: The National Pension Service and domestic emerging market specialists who did not know where to invest in a low interest rate environment are turning to other investments like the blue-chip real estate market abroad.

  5. Opalesque Exclusive: A lot of hedge fund investors are beginning to recognise the need for ongoing cyber threats monitoring[more]

    Benedicte Gravrand, Opalesque Geneva: Corporate Resolutions Inc. recently formed a strategic partnership with iThreat Cyber Group. The two companies have worked together for years, assisting clients when challenging

 

banner