Fri, Nov 24, 2017
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   |   
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. Tourbillon Capital, a $3.4bn hedge fund that's been sounding the alarm about 'frothy speculation,' is suffering big losses[more]

    From Businessinsider.com: Tourbillon Capital, a $3.4 billion hedge fund firm led by Jason Karp, is suffering. The firm's flagship Global Master fund is down 3.5% for the first 17 days of November, bringing performance for the year to November 17 to a loss of 10.6%, according to a note to investors s

  2. Fund Profile - The Tiger of Silicon Valley: Glen Kacher's sizzling hedge fund[more]

    From Forbes.com: When you live and work in a town where the median home costs $2.7 million and hobnob with the executives of billionaire factories like Facebook and Tesla, it's easy to see why you might think technology stocks are invincible. So far in 2017, the Nasdaq Composite index has gained 25%

  3. Launches - Asset manager launches Europe's first bitcoin mutual fund, Prime Capital Aviation Debt Fund enables aviation debt investments for institutional investors[more]

    Asset manager launches Europe's first bitcoin mutual fund From Coindesk.com: A French asset manager has announced the launch of Europe's first mutual fund centered around bitcoin. Announced today, Tobam's alternative investment fund perhaps represents the latest bid to attract institutio

  4. Legal - Consumers say hedge fund financed illegal tribal lending, New York's highest court permits shareholder of a Cayman-incorporated company to bypass Cayman law and bring derivative action in New York[more]

    Consumers say hedge fund financed illegal tribal lending From Law360.com: Vermont residents on Tuesday hit a hedge fund with a proposed class action in federal court alleging it helped concoct a sham tribal payday lending scheme meant to skirt laws preventing companies from charging cons

  5. Investing - Tech still hedge funds' sweetheart sector: Goldman Sachs, Hedge funds haven't been this leveraged to buy stocks since the bull market began, Top financials hedge fund details short bet against Morningstar, Fund CRC presents an offer for Carige's consumer credit unit, Hedge funds sell shares in Altice USA after difficult quarter[more]

    Tech still hedge funds' sweetheart sector: Goldman Sachs From Reuters.com: Tech stocks remain the largest net sector exposure for equity hedge funds, which are set to deliver their strongest returns since 2013, Goldman Sachs said on Wednesday in a note on the industry's most and l