Tue, May 31, 2016
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. Investing - Scientist turned hedge fund founder cuts profitable Aussie short, Pelargos joins hedge funds’ bet on turnaround at Honda, Managers set to cash in on infrastructure debt upswing[more]

    Scientist turned hedge fund founder cuts profitable Aussie short From Bloomberg.com: AE Capital, a hedge fund run by a former atmospheric scientist, trimmed bets against the Australian dollar as it gauges shifts in the world’s two biggest economies. The Australian, Canadian and New Zeala

  2. He's lost £200m in a year - so has Britain's star hedge fund boss Crispin Odey lost his golden touch?[more]

    From Thisismoney.co.uk: ...Odey’s laid-back attitude gave no indication of the turmoil his flagship fund had put investors through. It had tumbled 20 per cent in May – a terrible performance given most of his rivals were in positive territory for the year. Odey’s fund had got into trouble after taki

  3. Comment - If you’re such a great investor, where’s your alpha?[more]

    From Mineweb.com: … They are few and far between. You likely know their names. There is a short list of those who have 1) outperformed; 2) over long periods of time, and; 3) manage substantial sums of money. It’s impressive if you are on that list, but discouraging if you seek to invest institutiona

  4. European fund managers 'dressing up’ track record to gloss on performance[more]

    Komfie Manalo, Opalesque Asia: A new study by global analytics firm Cerulli Associates has found that the problem of 'dressing up' track records by fund managers is getting worse. In its latest issue of The Cerulli Edge - Europe Edition,

  5. Why the equity short bias hedge fund underperformed in April[more]

    From Marketrealist.com: The Barclay Equity Short Bias Hedge Fund returned -0.83% in April 2016. However, on a year-to-date basis, the fund provided a return of 3.4% through April 30, 2016. The equity short bias strategy works best when the Market is in a downturn. From January 2016 to mid-Febr