Sun, Nov 29, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Hedge fund inflows in May were no match for April's poor performance as industry drops $5bn

Tuesday, June 21, 2011
Opalesque Industry Update – Hedge funds, which enjoyed a ten month winning streak through April, finally capitulated to the volatile markets, losing -1.24% in May according to the Eurekahedge Hedge Fund Index.

While hedge fund performance has wavered, investor allocations are still outpacing redemptions, by $8bn in May marking the sixth month of positive inflows, according to a report released by Eurekahedge. The inflows made the first five months of 2011 the strongest first five months on record for asset growth. Many of these inflows have benefited global macro hedge funds, which remain high in investor favor as they reached a historical high of $122bn in assets, and hedge funds in North America have passed $1.2tln in assets.

However, even these inflows could not overtake the perfomance losses of April. Overall, Eurekahedge estimates that just under $5bn left the hedge fund industry during May.

Regional hedge funds also saw negative returns, although Latin America was a bright spot with gains of +0.42%.


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. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November