Tue, Mar 28, 2017
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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He