Fri, Nov 28, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Hedge funds get $24.3bn in February, highest monthly inflow in three years

Tuesday, April 08, 2014
Opalesque Industry Update - BarclayHedge and TrimTabs Investment Research reported today that hedge funds received $24.3 billion (1.1% of assets) in February, the highest monthly inflow in three years, building on an inflow of $4.4 billion (0.2% of assets) in January.

“The hedge fund industry raked in $28.7 billion in January and February, an 83% jump from $15.7 billion in the same period last year,” said Sol Waksman, president and founder of BarclayHedge.

Industry assets climbed to a 5–1/2 year high of $2.2 trillion in February, according to estimates based on data from 3,374 funds. Assets rose 18% in the past 12 months but are down 11% from the all-time high of $2.4 trillion in June 2008.

The monthly TrimTabs/BarclayHedge Hedge Fund Flow Report noted that the hedge fund industry delivered a return of 1.9% in February, recovering from January’s 0.4% loss but substantially underperforming the S&P 500, which gained 4.6%. In the past 12 months, the industry returned 10.0%, while the S&P 500 gained 24.5%.

Equity Long Bias hedge funds, the best-performing category in the past 12 months, rebounded in February. “Equity Long Bias funds gained 3.0% in February, the best return in five months and a healthy recovery from January’s 0.8% loss,” Waksman said.

The monthly TrimTabs/BarclayHedge Survey of Hedge Fund Managers finds hedge fund managers turned a bit more upbeat on U.S. stocks in March. More than half are bullish on the U.S. dollar, no doubt responding to the Federal Reserve’s plan to dial back on monetary stimulus. Just under half of managers expect stocks to outperform bonds and precious metals over the next six months.

BarclayHedge

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. Unlucky Paulson & Co. rebrands $1.6bn Recovery Fund after 13% drop[more]

    From Businessweek.com: A maturing U.S. economic recovery is prompting Paulson & Co. to change course. The $19 billion hedge fund firm, led by billionaire John Paulson, told investors on a conference call this month that the Paulson Recovery Fund will be renamed Paulson Special Situations Fund on Jan

  2. Opalesque Roundtable: Islamic Finance races ahead with Sukuk, the first managed account platform, and foreign demand[more]

    Komfie Manalo, Opalesque Asia: A number of developments took place within Islamic finance in the past years, including the launch of a Islamic managed account platform and the further growth of the sukuk space that saw this instrument evolve from being a type of an ABS security that was rarely

  3. CTAs , event-driven strategies lead hedge funds recovery in mid-November[more]

    Komfie Manalo, Opalesque Asia: November’s performance proves to be in sharp contrast to the previous month, with equities further consolidating their upswing last week, according to the latest Lyxor Asset Management’s Weekly Brief. CTA funds als

  4. Fund Profile - A complex hedge fund strategy works for United Technologies[more]

    From Institutionalinvestor.com: Reports that portable alpha is dead have been greatly exaggerated, as Mark Twain might have phrased it. Another Connecticut Yankee, giant United Technologies Corp., is gearing up to grow its successful, nearly decade-long portable-alpha program. The UTC strategy took

  5. Opalesque Exclusive: The unintended consequences of Basel III[more]

    Benedicte Gravrand, Opalesque Geneva: Bijesh Amin, co-founder and managing director of Indus Valley Partners (IVP), a technology solutions and services firm focused on the alternative asset management industry, has recently observed