Tue, Mar 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

CTAs post highest net inflows in first half of this year

Tuesday, August 30, 2016

Komfie Manalo, Opalesque Asia:

Hedge funds have seen further outflows in Q2 2016 following net outflows of $5.0bn in the second half of 2015 and outflows of $14.3bn in Q1 2016, data provider Preqin said in its latest Hedge Fund Spotlight. The net outflows in Q2 2016 were $19.9bn, taking total outflows over 2016 YTD (as of 30 June 2016) to $34.2bn.

The report also added that CTAs saw the highest net inflow of assets among all strategies in H1 2016 ($16.6bn), although this fell into the hands of a relatively small proportion (38%) of managers in this sector.

Preqin stated, "Despite posting some of the lowest returns of any hedge fund strategy in H1 2016, relative value strategies secured $10.4bn in net inflows over Q2 2016, the highest of any strategy in the quarter and negating the $8.7bn in outflows over Q1. Both credit and equity strategies have suffered over the first half of 2016, losing $26.2bn and $25.2bn in assets respectively, despite credit strategies recording some of the strongest returns."

The report said that funds that have performed well recently are more likely to pick up inflows. Forty-three percent of funds that made gains of 5% or more in 2015 have seen net inflows over the first half of 2016 – a higher level than funds that generated lower performance.

The four strategies rated by the largest proportion of institutional investors in hedge funds as meeting expectations in H1 2016 – systemati......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1