Sat, May 30, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

January's hedge fund redemptions at $24.1bn in fifth straight month of net redemptions

Tuesday, March 19, 2019

Laxman Pai, Opalesque Asia:

Driven by a fourth-quarter stock market plunge and investor concerns over global trade disputes and a possible global economic slowdown, hedge fund redemptions slowed from their December pace in January, but persisted for a fifth straight month.

According to the Barclay Fund Flow Indicator, January's hedge fund redemptions stood at $24.1bn, a marked decrease from December's $42.3bn but still a drop of 0.8% of hedge fund assets.

The January activity of hedge fund investors worldwide (excluding CTAs) producing a fifth straight month of net redemptions, even as outflows backed off December's pace - the largest monthly hedge fund redemptions total in at least five years, the report said.

"A fourth quarter U.S. stock market plunge coupled with volatility in fixed-income markets clearly spooked investors," said Sol Waksman, president of BarclayHedge.

"Meanwhile, international stocks fared no better including in emerging markets where concerns over U.S.-China trade issues and fears of further U.S. interest rate hikes fueled volatility," he added.

Global hedge fund industry net assets reach $2.96tn

For the 12-month period ending Jan. 31, hedge fund net outflows stood at $118.3bn, 4.0% of industry assets. At the end of January, global hedge fund industry net assets stood at nearly $2.96tn.

Macro funds led the field in hedge fund inflows over the 12-month period ending in January, adding more than $14.2bn, 6.7% of net as......................

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. Tiger Global tops the list US-based venture capital market[more]

    Laxman Pai, Opalesque Asia: Tiger Global Management holds on to its position as market-leader in US-based venture capital, said a study. According to Preqin, the closure of tech-focused Tiger Global Private Investment Partners XII in January means the New York-based firm has raised more than

  2. Study: Emerging market bond issuers take hit as global recession deepens, The coronavirus pandemic could cost the global economy a nightmarish $82tn over 5 years, a Cambridge study warns[more]

    Emerging market bond issuers take hit as global recession deepens Increasing credit stress evident amongst many high-yield EM non-financial corporates as coronavirus disruption takes its toll, says Moody's. 74 out of 106 rated EM sovereigns have a stable outlook as of 30 April 2020 (compa

  3. Investing: Singer bets on Europe, emerging markets, Britain's unhealthy appetite for financial risk in essential services, How Stan Druckenmiller shook up his portfolio[more]

    Singer bets on Europe, emerging markets From Investment Magazine: William Blair's Brian Singer is looking to invest in Europe and the emerging markets as the recovery from the global economic shutdown to contain the pandemic will likely take longer than what the market has priced in.

  4. PE/VC: How Covid-19 could reshape private equity fundraising, The private equity bet that coronavirus cut short[more]

    How Covid-19 could reshape private equity fundraising From Asian Investor: The pandemic looks may have led to greater use of remote capital-raising but might it also encourage investors to establish more overseas offices? The coronavirus outbreak has inevitably hit the amount of mo

  5. Investing: Millennium hedge fund ups bet against Bank of Ireland, Value rotation was the last thing big funds thought would happen, Al Gore's firm sold Amazon and Microsoft stock. Here's what it bought.[more]

    Millennium hedge fund ups bet against Bank of Ireland From Independent: US hedge fund Millennium International Management has raised its bet against Bank of Ireland's shares. It comes as Davy says 2020 will be a write-off for banks, with losses across Irish lenders of €4bn. M