Fri, Oct 24, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Investor Interest in Hedge funds was strong again in August – performance positive, supported by fixed income and commodity strategies

Friday, September 10, 2010
Opalesque Industry Update - Below are early estimates for August 2010 hedge fund performance and asset flows. A full report will be available later in the month.

August highlights:
• The HFN Hedge Fund Aggregate Index was +0.41% in August and +2.16% in the first eight months of 2010. The S&P 500 Total Return Index (S&P) was -4.51% in August and -4.63% YTD.

• Hedge fund assets increased an estimated +0.86% in August to $2.268 trillion. Investor flows accounted for an estimated net increase of $6.92 billion, the third highest monthly net investor inflow in 2010. Performance added an additional $12.48 billion.

• Net investor flows in August were positive for the second positive month in a row following the industry’s first net outflow of 2010 in June. The continuation of net inflows is an important sign of support as the trend in the first half of the year was of declining rates of growth.

• Fixed income and commodity focused funds’ returns supported aggregate hedge fund performance in August. Funds investing in mortgage related securities and those with long exposure to precious metals performed best.

• Long-biased equity strategies lagged aggregate hedge fund returns in August, but the HFN Long/Short Equity Index outperformed the S&P by a large margin. Funds investing in the technology sector produced the best sector specific equity performance in August while healthcare funds trailed.

• Emerging market fund returns were mixed and aggregate returns were negative due to losses in EM equity funds.

HFN’s full August report, to be released in the third week of September, will provide details on high water marks and asset flows by strategy and region.

website: (www.hedgefund.net)
KM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   

Banner

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. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t