Thu, Feb 20, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds register outflows but performance gains lift assets to record $3.61tn

Wednesday, August 22, 2018

Laxman Pai, Opalesque Asia:

Hedge funds recorded quarterly outflows of $1.2bn in Q1 2018, ending a streak of five consecutive quarterly inflows, reported data firm Preqin.

However, due to positive performance, hedge fund assets under management stand at a record high of $3.61tn as at the end of June 2018.

Credit strategies attracted the greatest amount of capital amounting to $11bn, driving its H1 2018 net asset flows to $19bn - the largest of any top-level strategy. Event driven strategies also recorded strong inflows, with net positive flows of $9.2bn in Q2.

Only North America-based managers recorded net inflows, attracting a combined net $22bn. In contrast European hedge funds experienced a second consecutive quarter of outflows.

In Q2 2018, 51% of funds of $1bn or more saw inflows, while just 31% of funds of less than $100m experienced inflows, an indication that investors are moving capital into the largest funds.

Amy Bensted, Head of Hedge Funds said: "After a streak of five consecutive quarter of inflows, the hedge fund industry has recorded its first quarter of outflows since Q4 2016. However, hedge fund assets under management have reached a record high of $3.61tn driven by performance."

Amy added: "Investors continue to put more money to work in credit strategies, following net outflows from these strategies in 2017 and 2016. In Q2 these strategies attracted the greatest inflows, following inflows of nearly $8bn in Q1. In con......................

To view our full article Click here

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. PE/VC: Venture debt: Is it a loan? Is it equity? Is it an pportunity?, PE, VC investments in India hit all-time high in 2019[more]

    Venture debt: Is it a loan? Is it equity? Is it an pportunity? From Forbes: Venture Capital is usually the default option for fast-growth startups looking for a cash injection, thanks to our willingness to take risks in return for equity, and with no need to pay anything back - at least

  2. Other Voices: Evolution of shrinking hedge fund fees - what do investors and managers need to know?[more]

    By Don Steinbrugge, Founder and CEO, Agecroft Partners (DonSteinbrugge@agecroftpartners.com): Hedge funds fees remain under extreme pressure across the industry. This strong trend is driven by declining return expectations from investors, inc

  3. COVID-19: Investors track ships, chase rumours to get edge on COVID-19 risks, Coronavirus risk puts the bull run on pause, China was wise to let markets stumble[more]

    Investors track ships, chase rumours to get edge on COVID-19 risks From Reuters: As investors crunch numbers to determine how the coronavirus will hit China's economy, hedge fund manager Nathaniel Polachek has tied much of his outlook to the fate of a ship anchored near Weihai, China.

  4. Bruce Berkowitz is back!, Coatue's new quant fund lost money in the fourth quarter[more]

    Bruce Berkowitz is back! From Institutional Investor: Famed value investor Bruce Berkowitz has hit hard times over the past decade, with big bets on losers like Eddie Lampert's Sears Holdings. In fact, over the past 10 years, his Fairholme Fund's annualized return is only 4.89 percent -

  5. Opalesque Exclusive: Optima A.M. bets on healthcare and biotech innovations with long/short strategy[more]

    B. G., Opalesque Geneva: Optima Asset Management has just launched the Optima Healthcare and Biotechnology strategy, which will be managed by five portfolio managers