Sat, Apr 18, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

TrimTabs & BarclayHedge: Hedge funds post inflow of $16.6bn in February, assets stand at 16 month high of $1.5tln

Monday, April 12, 2010
Opalesque Industry Updates - TrimTabs Investment Research and BarclayHedge reported that the hedge fund industry posted an estimated inflow of $16.6 billion, or 1.1% of assets, in February 2010. Hedge funds showed a positive return in each of the past 12 months, and industry assets stand at a 16-month high of $1.5 trillion.

“Hedge funds sport a stellar win streak, and the average fund outperformed the S&P 500 last year,” said Sol Waksman, founder and president of BarclayHedge. “Money is chasing performance.”

Distressed securities funds posted the biggest inflow (4.2% of assets) in February. Emerging markets funds lost money (0.1% of assets) for a second straight month, despite returning 65.6% in the past year. Funds of hedge funds continued to perform poorly.

“Funds of funds have underperformed the industry by a fat 13.9% in the past year,” said Vincent Deluard, Global Equity Strategist at TrimTabs. “And as a consequence, they continue to bleed assets - $17.4 billion in the past three months.”

In a research note, TrimTabs investigates hedge fund flows and returns by country. Canadian and Chinese funds performed the best in the past decade, while funds in Japan and Switzerland performed the worst. Britain boasts the best returns for emerging markets funds.

“The U.S. portion of the industry sank to 60% in the past 10 years,” Deluard noted. “We’re losing market share. The hedge fund industry has gone global.”

The TrimTabs/BarclayHedge database tracks hedge fund flows on a monthly basis. The TrimTabs/BarclayHedge Hedge Fund Flow Report provides detailed analysis of these flows as well as relevant topical studies. Corporate website: 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. Tiger Global falls 2.9% in March, down 5.3% in Q1[more]

    From Reuters.com: Investment firm Tiger Global Management, one of the hedge fund industry's most closely watched players, told clients that its hedge fund lost 5.3 percent during the first quarter, an investor said on Wednesday. Much of the decline came in March when the fund lost 2.9 percent,

  2. It’s not just hedge funds—IMF study finds stability risks from ‘vanilla’ funds[more]

    From MarketWatch.com: Leveraged hedge funds and banklike money-market funds are the parts of the asset-management industry most associated with risks to financial stability. But a report from the International Monetary Fund suggests that “plain-vanilla” mutual funds and exchange-traded funds also ca

  3. Hedge funds gain 2.4% in Q1 driven by currency and commodity markets[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted positive results last March to conclude a strong first quarter, with performance driven by strong macro trends in currency and commodity markets, complemented by broad-based gains and positioning in event driven, equity hedge and fixed income-b

  4. Hedge funds looking to continue their rally in Q2[more]

    Komfie Manalo, Opalesque Asia: Hedge funds finished the first quarter on a strong note and are looking to continue the rally in the second quarter, said Lyxor Asset Management in its Weekly Brief. The Lyxor Hedge Fund Index is up 0.4% over the week

  5. Hedge funds down -0.17% in March (+1.23%YTD)[more]

    Bailey McCann, Opalesque New York: The hedge fund industry produced an aggregate return of –0.17% in March to end Q1 2015 up 1.23%, compared to the S&P 500 which increased 0.96%, according to the latest data from eVestment. Hedge fund performance returns were mixed in March amid increased equity

 

banner