Mon, Apr 27, 2015
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. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering details[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. Hedge funds looking to continue their rally in Q2[more]

    Komfie Manalo, Opalesque Asia: Hedge funds finished the first quarter on a strong note and are looking to continue the rally in the second quarter, said Lyxor Asset Management in its Weekly Brief. The Lyxor Hedge Fund Index is up 0.4% over the week

  4. Hedge funds down -0.17% in March (+1.23%YTD)[more]

    Bailey McCann, Opalesque New York: The hedge fund industry produced an aggregate return of –0.17% in March to end Q1 2015 up 1.23%, compared to the S&P 500 which increased 0.96%, according to the latest data from eVestment. Hedge fund performance returns were mixed in March amid increased equity

  5. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

 

banner