Wed, Dec 7, 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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  3. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  4. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  5. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released