Tue, Jun 30, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Investor interest in hedge funds surges to pre-financial crisis highs - eVestment

Thursday, March 20, 2014

Bailey McCann, Opalesque New York:

The latest investor asset flow data from eVestment shows that investors are piling into hedge funds like it's 2006. Investors allocated an estimated $41bn in February; the largest monthly allocation since eVestment began tracking monthly flows in October 2008. Total industry AUM of $2.93tn sits only $12bn below its all-time high set in Q2 2008.

Performance gains added an additional $45.9bn, bringing February’s asset increase to $86.9bn, an increase of 3.1%. This is the industry’s largest asset growth since performance gains drove a large increase in May 2009.

In terms of specific strategies, investor preferences for equity over credit persisted for its fourth consecutive month, the longest such streak since investors chased the equity market recovery in the months following the financial crisis. Despite being overshadowed by equity flows, credit strategies showed a significant rebound of investor sentiment in February, more than offsetting the flare of redemptions following the sharp uptick of interest rates in May 2013.

Event driven funds continued to receive large allocations, led by activist strategies that received an estimated $2.1bn in new capital, or roughly 41% of event driven net inflows during the month. Total AUM in funds employing activist strategies reporting to eVestment reached nearly $73bn in February.

Report data shows that investors dipped back into macro strategies in February, with positive flows t......................

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 Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Hedge funds panic over Greece[more]

    Komfie Manalo, Opalesque Asia: Some investors are in panic mode as Greek Prime Minister Alexis Tsipras announced Sunday night that the banks and the stock market would be closed Monday, said

  3. Alternative investment industry could grow to $13.6tln in five years[more]

    Komfie Manalo, Opalesque Asia: Leading auditing and advisory group PwC said that the global alternative investment industry, which includes hedge funds, private equity and real assets, is set to increase to $13.6tln within the next five years. "Be

  4. Qbasis gets $200m-plus investment in 'black swan' hedge fund[more]

    From Reuters.com: A hedge fund that more than doubled clients' money during the 2008 financial crisis has attracted more than $200 million from an investor aiming to cash in on fresh ructions in global markets. Qbasis Invest has secured the investment from Britain's Omada Capital, Florian Wagner, wh

  5. Outlook - Jim Rogers: Turmoil is coming[more]

    From Peakprosperity.com: Two years since his last interview with us, investor Jim Rogers returns and notes that the risks he warned of last time have only gotten worse. In this week's podcast, Jim shares his rational for predicting: increased wealth confiscation by the central planners

 

banner