Tue, Apr 28, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

TrimTabs, BarclayHedge report hedge funds get $4.1bn in September, industry assets now at $2tln

Friday, November 15, 2013
Opalesque Industry Update - BarclayHedge and TrimTabs Investment Research reported today that the hedge fund industry added assets for the third consecutive month in September 2013, taking in a net $4.1 billion (0.2% of assets). This estimate is based on data from 3,340 funds.

“The hedge fund industry has received $51.6 billion in 2013, which is a huge turnaround from the outflow of $2.6 billion in the same period last year,” said Sol Waksman, president and founder of BarclayHedge. “Industry assets hit a five-year high of $2.0 trillion in September,” added Waksman.

The TrimTabs/BarclayHedge Hedge Fund Flow Report noted that hedge fund assets are up 10.3% in 2013. Nevertheless, they are 17.9% below the all-time peak of $2.4 trillion in June 2008.

“Equity Long Only hedge funds had their best run since January 2012, gaining 5.9% in September and reversing a 1.6% loss in August,” said Waksman. Equity Long Bias funds, meanwhile, gained 3.1% in September, reversing a 0.8% loss in August and notching their best gain since July.

Funds of hedge funds gave up $2.6 billion (0.6% of assets) in September, adding to an outflow of $5.0 billion in August. Funds of funds attracted net inflows in just two of the past 24 months.

The monthly TrimTabs/BarclayHedge Survey of Hedge Fund Managers found that a majority of hedge fund managers were bullish on U.S. stocks for the first time this year in October. While a plurality of managers were neutral on U.S. Treasuries, bearishness on the U.S. Dollar Index rose to a 10-month high.

The TrimTabs/BarclayHedge database tracks hedge fund flows on a monthly basis. The Survey of Hedge Fund Managers appears monthly in the TrimTabs/BarclayHedge Hedge Fund Flow Report, which provides detailed analysis of hedge fund flows, assets, and returns alongside topical studies. Click here for further information.

Press release

BarclayHedge Source

TrimTabs Investment Research Source

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. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering details[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. 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

  4. 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

  5. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

 

banner