Fri, Mar 29, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds end 2017 with strongest capital inflows since 2015 to a record $3.2tln

Monday, January 22, 2018

Komfie Manalo, Opalesque Asia:

The hedge funds space ended 2017 with the strongest capital inflows since 2Q15 driving total assets to the new record of $3.21tln or an increase of $59bn, the sixth consecutive quarterly record for total industry capital.

In its latest HFR Global Hedge Fund Industry Report, Hedge Fund Research added that the industry completed the first performance year without a monthly decline since 2003. In the last quarter of last year, investors allocated $6.9bn of new capital, the highest quarterly inflows since 2Q15, bringing total 2017 inflows to $9.8bn.

The last month of 2017 also marked the "14th consecutive monthly gains of the HFRI Fund Weighted Composite Index," which also ended the year up +8.7%, "the strongest calendar year return since 2013," the report added.

"2017 was a historic year in the hedge fund industry that included advancements in both the core and emerging areas of the industry, and that combined record capital levels and consistent performance gains with the evolution of risk parity, blockchain and cryptocurrencies," stated Kenneth J. Heinz, President of HFR.

According to the report, managers with less than $1bn in assets received the highest inflows with $7.4bn of new capital, while the industry's largest managers, those with greater than $5bn AUM, received $6.3bn of inflows. Investors withdrew ......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1