Tue, Mar 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge fund redemptions reached $42.3bn in December

Friday, February 15, 2019

Laxman Pai, Opalesque Asia:

Hedge fund redemptions reached $42.3bn in December 2018, which represented the largest monthly outflow in at least five years, according to the Barclay Fund Flow Indicator.

"Hedge fund redemptions picked up significantly in December, as nervous investors fretted about stock market volatility, global economic uncertainty, major commodity price downturns and other economic factors," said a press note from BarclayHedge.

"December redemptions were driven by both global and regional factors," said Sol Waksman, president of BarclayHedge.

"Globally investors worried about volatile equity markets, the threat of a worldwide economic downturn, drops in prices for major commodities like oil and trade disputes. Within specific regions, concerns like ongoing uncertainty over a Brexit agreement, and a weakening German economy, continued to pressure funds in the U.K. and Europe, while a government shutdown added to the pressure on U.S. funds in December," he added.

Inflows to China/Hong Kong and Latin American hedge funds

China/Hong Kong and Latin America were the only regions to see hedge funds post net inflows in December. China/Hong Kong hedge funds posted nearly $154.4m in inflows in December, adding 3.3% to assets.

Latin American hedge funds attracted nearly $135.0m - 1.3% of assets - in December. Meanwhile, investors drew nearly $24.3bn from U.S. and their offshore Islands hedge funds in December, reducing total asset......................

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