Tue, Jan 27, 2015
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 investors redeem $8.6bn in June

Wednesday, August 07, 2013
Opalesque Industry Update - BarclayHedge and TrimTabs Investment Research reported today that hedge fund flows went negative for the first time this year in June, according to estimates based on data from 3,369 funds. Hedge fund investors redeemed a net $8.6 billion (0.4% of assets) in June 2013, the largest outflow since October 2012 ($10.3 billion outflow) and a sharp turnaround from an $18.8 billion inflow in May.

“Despite the June setback, year-to-date flows to the hedge fund industry stayed positive at $27.1 billion,” 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 Only Funds lost 1.4% in June, slightly underperforming the 1.3% loss in the Russell 3000 Index. “Equity Long Bias funds lost 0.9% in June, reversing a 2.6% gain in May and marking the first negative month since losing 0.4% in October 2012,” Waksman said.

Funds of hedge funds shed $1.5 billion (0.3% of assets) in June, reversing a $428 million inflow in May. Funds-of-funds have attracted net inflows in just three of the past 24 months.

The TrimTabs/BarclayHedge Survey of Hedge Fund Managers found that managers grew less bearish on the S&P 500 in July, but opinions were pretty evenly split between bullish or neutral on the market’s prospects for August.


The TrimTabs/BarclayHedge database tracks hedge fund flows on a monthly basis. The TrimTabs/BarclayHedge Survey of Hedge Fund Managers appears monthly, as does the TrimTabs/BarclayHedge Hedge Fund Flow Report, which provides detailed analysis of hedge fund flows, assets, and returns. For further information, please visit www.barclayhedge.com/products/trimtabs-hedge-fund-flow-report.html

Press release

www.TrimTabs.com

www.barclayhedge.com

Bg

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. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  2. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  3. Top performing private equity firms you should invest in[more]

    Komfie Manalo, Opalesque Asia: Professor Oliver Gottschalg of Paris-based HEC Business School, also known as Ecole des Hautes Etudes Commerciales de Paris has released his annual ranking of the top performing private equity firms. The 2014 HEC-DowJones Private Equity Performance Ranking

  4. Comment - Why invest in hedge funds if they don't outperform the market?[more]

    From Forbes.com: Hedge funds have always been a bit exotic and an enigma to some, but bottom line they are supposed to produce good returns using a range of strategies including global macro, event driven and relative value (arbitrage). And, sophisticated or high-net-worth individuals (HNWIs) could

  5. Owen Li 'truly sorry' for blowing up $100m of hedge fund’s assets[more]

    From CNBC.com: A hedge fund manager told clients he is "truly sorry" for losing virtually all their money. Owen Li, the founder of Canarsie Capital in New York, said Tuesday he had lost all but $200,000 of the firm's capital—down from the roughly $100 million it ran as of late March. "I take r