Thu, Jul 31, 2014
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. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  2. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  3. Opalesque Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  4. The Big Picture: Charlemagne Capital smoothes risk out of frontier market investing with portfolio approach[more]

    Benedicte Gravrand, Opalesque Geneva: Opalesque recently talked to one of the portfolio managers of the Oaks funds, which are emerging and frontier market hedge funds focusing on equity long/short with a directional approach. They are run by

  5. Winton’s low-cost equities fund tops $1bn for first time[more]

    From FT.com: Winton, the London-based hedge fund, has increased the assets in its low-cost equities fund to more than $1bn for the first time in a sign that traditional stock managers may come under increasing pressure from computer-driven rivals. Winton, which manages about $25bn in total ass