Tue, Sep 30, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Asset flows into hedge funds near all time highs

Tuesday, April 22, 2014

Bailey McCann, Opalesque New York:

According to the latest Hedge Fund Asset Flow Summary for March and Q1 2014 from eVestment, total industry AUM reached $2.931tn, less than $7bn from its all-time high and hedge fund flows remained high, making the first quarter the best quarter for the industry since second quarter 2007. The $18.3bn influx of new capital during the month lifted first quarter 2014 net flows to $55.1bn, a level last surpassed in second quarter 2007.

At the strategy level, investors continued to allocate to activist strategies in March, pushing first quarter inflows over $6bn. Equity fund flows were the primary driver of the industry's growth, however. Total AUM in equity strategies overtook credit for the first time in eighteen months. According to data in the report, the rate spike in May 2013 has proven to be the inflection point when investor interest shifted from credit to equity hedge funds. In the two years leading up to that point, investors allocated $80.7bn into credit strategies while redeeming $70.6bn from equity funds. In the nine months since, equity inflows have been more than double those into credit strategies and total AUM in equity strategies surpassed credit funds in the first quarter 2014 for the first time in eighteen months.

Managed futures fund AUM reached its lowest level since 2004. The group's elevated losses during the Eurozone debt crisis sparked outflows, which have surged as the group continues to underperform ......................

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. Socially responsible investments grow in demand, but performance questions persist[more]

    Komfie Manalo, Opalesque Asia: A study by financial services firm TIAA-CREF showed that interest in socially responsible investing (SRI) is increasing rapidly, but investors are still asking if investing in an SRI strategy

  2. Regulatory - Ireland launches structure for passporting loan origination funds within EU[more]

    From Asiaasset.com: The Irish Funds Industry Association (IFIA) has introduced new loan origination capabilities that will offer Asian managers and investors a new structure under the European Union’s (EU’s) Alternative Investment Fund Managers Directive (AIFMD). The new structure will allow the mar

  3. Europe - Ed Miliband's war on hedge funds could damage City of London[more]

    From Telegraph.co.uk: Ed Miliband’s plans to wage war on hedge funds could be potentially more damaging to the City of London than even the financial transaction tax (FTT), senior banking sources warned on Tuesday night. The Leader of the Opposition took aim at a number of industries as part of his

  4. News Briefs - SEC probes Pimco ETF over pricing irregularities, BEPs: Action plan released and UK first to adopt country-by-country reporting[more]

    SEC probes Pimco ETF over pricing irregularities The Securities and Exchange Commission is investigating Pimco’s pricing of exchange traded funds, the latest cloud to hang over the world’s largest bond manager, which has been dogged by poor performance and management infighting. Pimco on

  5. Outlook - Julian Robertson: There are two bubbles that can bite us[more]

    From Businessinsider.com: Legendary hedge fund manager Julian Robertson gave a warning about two bubbles that could "bite us" at Bloomberg Market's Most Influential Summit. "I agree with the fact that the economy is definitely getting better. I think the cause of that is two bubbles that will