Wed, Oct 22, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

TrimTabs and BarclayHedge: hedge fund industry took in net $8.2bn (0.4% of assets) in July

Thursday, September 12, 2013
Opalesque Industry Update - BarclayHedge and TrimTabs Investment Research reported today that the hedge fund industry took in a net $8.2 billion (0.4% of assets) in July 2013, reversing an $8.9 billion outflow in June, according to estimates based on data from 3,327 funds.

“July’s volume was well off the blazing pace set in May, when the industry took in a net $18.8 billion, the largest inflow in the past 2½ years,” said Sol Waksman, president and founder of BarclayHedge. “Nevertheless, industry assets climbed to a five-year high of $1.97 trillion in July.”

The TrimTabs/BarclayHedge Hedge Fund Flow Report noted that Equity Long Only funds gained 2.9% in July, reversing a 1.5% loss in June, but trailed the Russell 3000 Index’s 5.5% gain for the month. “Equity Long Bias funds, however, gained 3.9% in July, their best showing since gaining 4.2% in April,” Waksman said.

Funds of hedge funds shed $4.1 billion (0.9% of assets) in July, building on a $1.5 billion outflow in June. Funds of funds have attracted net inflows in just three of the past 24 months.

Meanwhile, the monthly TrimTabs/BarclayHedge Survey of Hedge Fund Managers found that managers grew notably more bearish on U.S. stocks in August. Also, nearly half of the managers surveyed in August were bearish on U.S. Treasuries while a similar proportion were bullish on the U.S. Dollar Index.

The TrimTabs/BarclayHedge database tracks hedge fund flows on a monthly basis: www.barclayhedge.com/products/trimtabs-hedge-fund-flow-report.html

Press release


TrimTabs Investment Research is the only independent research service that publishes detailed daily coverage of U.S. stock market liquidity—including mutual fund flows and exchange-traded fund flows—as well as weekly withheld income and employment tax collections.

BarclayHedge is a leading hedge fund data vendor and one of the foremost sources for proprietary research in the field of alternative investments. From its origin as a research specialist and performance measurement firm, BarclayHedge has developed complete client services as a publisher, database and software provider, and industry consultant.

Bg

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