Sun, Oct 26, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Allocations to hedge funds surged in October - HFN

Tuesday, November 16, 2010
Opalesque Industry Update - The industry’s core rate of growth reached its highest level of the year in October while commodity and emerging market funds led broadly positive returns.

Below are early estimates for October 2010 hedge fund performance and asset flows. A full report will be available later in the month.

October Highlights:
The HFN Hedge Fund Aggregate Index was +2.23% in October and +7.43% in the first ten months of 2010. The S&P 500 Total Return Index (S&P) was +3.80% in October and +7.84% YTD.

Hedge fund assets increased an estimated +3.04% in October to $2.410 trillion. Performance accounted for an estimated net increase of $52.7 billion and net investor flows added an additional $18.4 billion.

The core rate of industry growth (% of asset increase due to net investor flows) in October was the highest rate of 2010, +0.79%.

October was the fourth month in a row of net investor inflows 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.

October performance was driven by the anticipation of quantitative easing by the U.S. Federal Reserve as commodity focused funds performed best, followed by emerging markets and equity focused strategies. Fixed income funds lagged, but were broadly positive. Only short biased and Japan focused funds produced negative average performance in October...Full performance table:Source
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