Wed, Oct 7, 2015
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

Press release


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. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with

  4. A hedge fund strategy that seems to have fizzled[more]

    From The hedge fund strategy that has attracted the most money this year is on course to cause some of the biggest losses for investors, in the latest example of the dangers of going with the crowd. Institutions and individuals have piled an estimated $20 billion (Dh73 billion) into ma

  5. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i