Sat, Oct 25, 2014
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   |   

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