Sun, Jan 22, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Asset flows, Asian pullback, could signal shift away from long term market trends

Friday, June 21, 2013

Bailey McCann, Opalesque New York:

The US market has had a rough couple of days, led by Fed comments and the Asian markets which may be signaling the beginning of the end for that region. However, new asset flow data from eVestment shows that recent market activity may be more than a reaction to the Fed. Data shows reversals of long term trends in the equities, credit, commodities and managed futures sectors.

The pivot

Investor interest in equity hedge funds outpaced credit for the first time in 16 months, as equity strategies broadly netted $3.95bn while fixed income/credit strategies suffered their first negative inflow since May 2010. As Opalesque reported earlier this week, hedge funds are pivoting away from global equities to more US focused opportunities, although it is still too early to tell if this is signals a broader rotation or merely a pivot.

Equities overall saw a 2% drop yesterday, the steepest decline since November 2011, following another day of losses on Wednesday. Much of the decline today was attributed to recent comments at the last Federal Open Market Committee (FOMC) meeting. Fed Chairman Ben Bernanke said on Wednesday the Fed could start to winding down its bond buying program this year if the economy is strong enough, and could finish in mid-2014. However, the level of inflows to hedge funds through May remain the lowest......................

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 - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  2. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  3. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee

  4. Macro hedge funds and CTAs outperform in December on strong dollar[more]

    Komfie Manalo, Opalesque Asia: The last month of 2016 saw risk assets climbing higher, as part of expectations that the new U.S. administration will remove barriers to growth and investment, Lyxor Asset Management said. December also saw the Fed hik

  5. Opalesque Exclusive: Roxbury credit events UCITS gathers more assets[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised