Tue, Jun 28, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Investors poured money into hedge funds in April

Wednesday, May 11, 2011
Opalesque Industry Update - Hedge funds returned an average of 2.05% in April 2011 and the rate of net investor inflows was again above the 2010 average.

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

April Highlights:

The equal weighted HFN Hedge Fund Aggregate Index was +2.05% in April 2011 and +3.45% year-to-date (YTD). The S&P 500 Total Return Index (S&P) was +2.96% in April and +9.06% in the first four months of 2011. Hedge fund assets increased an estimated 2.27% in April to $2.607 trillion. Investors added a net $14.2 billion during the month for a core growth rate2 of 0.56%. This is a slight increase from March and well above the average for 2010.

Overall hedge fund industry performance was strong in April. Commodity strategies housed the majority of above average returns. Commodity (non-FX), FX and financial futures focused funds performed best posting +4.92%, +4.71% and +4.14% for the month, respectively. Notably, these groups were generally flat coming out of Q1 2011. CTA/managed futures funds accounted for the ten highest Outlier ratios3 in April, an indication that returns from many of these strategies were well outside their norms. Seven of the ten highest ratios were FX focused strategies. Emerging markets strategies were mixed in April. Funds investing in the MENA region, Brazil and China led the EM group. India funds continued to post losses, -0.47% in April and -7.64% for 2011; Russia funds were the worst performing regional classification in April, -3.59% and +2.24% YTD.

Japan focused funds reported another down month at -1.28% pushing them into negative territory, -0.96%, for the year.

Equity slightly outperformed credit strategies during the month. Healthcare and financial sector equity funds were among the top performers up +2.75% and +1.71% in April. Mortgage strategies continued to post positive results, +1.52% in April and +7.15% YTD.

Source

kb

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. Opalesque Roundup: Hedge funds shrink as liquidations outpace new launches in Q1: hedge fund news, week 27[more]

    In the week ending 17 May, 2016, HFR said hedge fund liquidations declined narrowly to begin 2016 after rising sharply to conclude 2015, as investors positioned f

  2. Europe - Hedge funds keep powder dry over big Brexit bets, Hedge funds sense profit in Europe shock waves after Brexit vote, Soros warns Brexit may cause pound plunge worse than Black Wednesday, After Brexit: What will happen if Britain votes to leave the UK?[more]

    Hedge funds keep powder dry over big Brexit bets From FT.com: Hedge funds are shying away from big bets on Brexit, with many unwilling to risk further losses having already suffered a painful first half of the year. With the outcome of a UK vote on the country’s membership of the Europea

  3. News Briefs - ’Flash Boys’ get green light to launch stock exchange, Pimco says ‘storm is brewing’ in U.S. commercial real estate, Bankers get ready to rumble at Hedge Fund Fight Night, AIMA Australia celebrates 15th anniversary[more]

    ’Flash Boys’ get green light to launch stock exchange In an investing environment ruled by fast, the newest U.S. public stock exchange is banking on slow. Well, slower. IEX Group, which won Securities and Exchange Commission approval on Friday to go head-to-head with the New York Stock E

  4. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  5. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s