Sun, Apr 30, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

TrimTabs and BarclayHedge report hedge fund inflows hit two-year high of $18.5bn in May

Thursday, July 11, 2013
Opalesque Industry Update - BarclayHedge and TrimTabs Investment Research reported today that hedge funds took in a net $18.5 billion (1.0% of assets) in May, more than a forty-fold increase from April’s $430 million inflow. The results are based on data from 3,368 funds.

“In May, the hedge fund industry saw its strongest net inflows in more than two years,” said Sol Waksman, president and founder of BarclayHedge. “In the first five months of this year, the industry took in $35.7 billion, compared with just $484 million in the same period last year."

The TrimTabs/BarclayHedge Hedge Fund Flow Report noted that Equity Long Bias Funds delivered a return of 2.6% in May, edging past the S&P 500’s 2.3% gain. “This outperformance flies in the face of the trend in the past 12 months, when these funds earned 16.6% as the S&P 500 gained 27.3%,” said Waksman.

Funds of hedge funds took in a net $428 million (0.1% of assets) in May, reversing a $4.2 billion outflow in April and breaking a 14-month streak of net outflows. Funds of funds underperformed the hedge fund industry by 67 basis points in May.

The TrimTabs/BarclayHedge Survey of Hedge Fund Managers found that managers grew more bearish on the S&P 500 in June, but opinions were pretty evenly split in July.

BarclayHedge

Press Release

BM

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 Exclusive: Ex-Man manager combines sustainable investing with AI/ML[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Dr. Richard Bateson, quant fund manager and physicist, has recently

  2. Hedge funds holding Puerto Rico bonds are looking at a long battle[more]

    Komfie Manalo, Opalesque Asia: Hedge funds which bought Puerto Rico's distressed debt bonds are facing the prospect of a long road ahead to recover their investments as the Caribbean island is attempting to use a U.S. Congress-approved rule that allows it to exploit a bankruptcy-like proceedings

  3. Other Voices: "Winner-take-all" dynamics and hedge fund investing[more]

    A growing stream of thinking in microeconomics is the concept of "winner-take-all" dynamics. The idea seems simple. A combination of networking economics and classic economies of scale creates situations where there are just a few dominant firms or economic agents who are able to capture significant

  4. Investing - How Chipotle's comeback attracted big data robots and value investors alike[more]

    From Forbes.com: When William Ackman's ailing hedge fund Pershing Square Capital Management bet $1 billion on shares in Chipotle Mexican Grill beginning in July 2016, the stakes couldn't have been higher. Pershing Square was reeling from what would eventually be a near $4 billion loss in drugmaker V

  5. Gondor Capital sees challenges ahead for financial markets as two hedge funds post strong gains in Q1[more]

    Komfie Manalo, Opalesque Asia: Vincent Au, portfolio manager of New York-based hedge fund firm Gondor Capital Management believes that the remaining of the year would be challenging for the financial markets even as his two hedge funds maintain