Mon, Feb 8, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge fund inflows edge slightly higher in 2012 despite end of year redemptions

Friday, January 18, 2013

Bailey McCann, Opalesque New York: Inflows to hedge funds ended 2012 slightly higher than 2011, despite redemptions in December according to new data from eVestment. The industry finished 2012 with assets increasing 5.9% from year end 2011. Credit and macro funds were favored throughout the year over other strategies, seeing the greatest inflows and better returns. Notably, the persistent month to month outflows from emerging markets appears to have abated. Net flows remain negative, but investor sentiment appears to be shifting.

In total, the hedge fund industry ended 2012 with $2.601tn in assets under management, an increase of 0.5%. This number represents the peak for 2012, but is still 13% lower than assets under management in 2008. Investors withdrew an estimated $9.5bn in December resulting in negative net investor flow in Q4 of $10.3bn.

For 2012, investors added $29.2bn to their hedge fund investments versus the $26.5bn added in 2011. The industry had core growth of 1.2% for 2012 - a slight increase over the 1.1% core growth in 2011. These numbers are significantly lower relative to the years immediately following 2008. 2009 and 2010 saw core growth of 5.1% and 3.7% respectively.

Credit surpassed other investment strategies in October 2012 and maintained that advantage through the end of the year - a trend which is continuing in early 2013. According to Peter Laurelli, VP and Head o......................

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. How Einhorn survived a nightmare year[more]

    From Bloomberg.com: Even when a hedge fund has an awful year, which was the case for David Einhorn's Greenlight Capital, there are lessons to be learned. Many funds would have had a tough time surviving a year like Einhorn experienced in 2015, when all the stars seemed to align against him and Green

  2. Legal - Hedge fund founder wins early release in U.S. insider trading case, Gramercy seeking $1.3 billion from Peru over land-bond dispute[more]

    Hedge fund founder wins early release in U.S. insider trading case From Reuters/Streetinsider.com: Former hedge fund manager Doug Whitman on Tuesday won a reprieve from serving the remainder of his two-year sentence for insider trading after several judges expressed skepticism that his 2

  3. Investing - David Einhorn finds a winner in Michael Kors[more]

    From Thestreetinsider.com: Greenlight Capital hedge fund manger David Einhorn took his lumps in 2015. The fund lost over 20 percent on the year amid bets gone bad being long a plunging SunEdison and short a couple high-flying FANG stocks. However, today Einhorn is again showing his stock picking pro

  4. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  5. Computer-driven hedge funds make money during January’s selloff[more]

    Komfie Manalo, Opalesque Asia: Commodity trading advisers (CTAs) that use computer programs to guide how they trade, made millions of dollars during last month’s market selloff on the back of declining oil prices and global equities and big moves in currencies. Data provider