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Laxman Pai, Opalesque Asia: Asset growth in the global ETF/ETP segment continues to outshine the global hedge fund industry.
The global hedge fund industry saw assets fall to $3.11 tn, with net outflows of $22.5bn at the end of Q4 2018, according to ETFGI's global ETF and ETP industry landscape insights report.
According to analysis by ETFGI, $4.82tn was invested in 7,620 ETFs/ETPs listed globally at the end of 2018, representing growth in assets of -0.49% over the year, impacted by sharp declines in the major indices during the last quarter.
During 2018, assets invested in hedge funds globally fell by 3.24% to $3.11tn in 8,311 hedge funds, according to a report by Hedge Fund Research.
Comparatively, assets invested in ETFs/ETPs had increased 36.23%, from $3.55tn to $4.84tn in 2017.
Over the same period, assets invested in the global hedge fund industry increased 6.37%, from $3.02tn to $3.22tn.
The HFRI Fund weighted composite index returned -5.76% in Q4 compared to -13.52% of the S&P 500 index (w/dividends), as many hedge funds strategies positioned for a market correction finally came to fruition. Despite this, investors still ploughed money into passive funds, with ETFs/ETPs attracting $164.84bn in Q4, while withdrawing $22.5bn from hedge funds.
Assets invested in the global ETF/ETP industry first surpassed those invested in the hedge fund industry at the end of Q2 2015, as ETFGI had forecasted. Growth in assets in the ETF/ETP industry has outpa...................... To view our full article Click here
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