Sun, Dec 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Investors add $20.3bn to hedge fund investments in February, making 2013 positive for inflows overall

Friday, March 22, 2013

Bailey McCann, Opalesque New York: Hedge fund investor flows were positive again in February. After a somewhat sluggish start, the spike in February flows has created a pattern very similar to the first two months of 2012. Investors added an estimated $20.3bn in net new capital in February, while performance accounted for a decline of $12.1bn, according to the most recent asset flow data from eVestment.

Among various strategies, credit remains an area of elevated interest with nearly $8bn of new flows during the month, and over $15bn year-to-date. According to the data, investors are likely to remain interested in direct investments into credit funds as a means of diversifying away from equity exposures. Equity-focused funds saw slight inflows during the month, taking in a net $1.4bn, but flows remain negative for the year.

Macro strategies continued to gain assets, after a brief pause to begin the year. An estimated $6.6bn flowed into the group during February with the vast majority concentrated among the strategy’s largest firms. Event driven funds may start to break out, even those focused on equities, as the data shows an increase in expectations for more merger activity as corporate balance sheets remain cash heavy.

The divergence between macro fund flows and managed futures has continued into February. In the first two months of the year the two strategies have seen a net flow differential of over $16bn, mat......................

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. Investing - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Investing - Hedge funds get boost from healthcare in 2014, Paulson & Co takes stake in Salix on heels of inventory issues[more]

    Hedge funds get boost from healthcare in 2014 From Valuewalk.com: The healthcare sector started the year on a turbulent note, as stocks of many major biotechnology companies were battered. However, most of the players in this sector have bounced back. The BarclayHedge Healthcare & Biotec

  4. Opalesque Exclusive: U.S. legal receivables fund launched in August[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Investing in asset-backed receivables is a strategy that has been an integral part of the alternative investment space within the overall fixed income asset c

  5. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und