Sun, Dec 15, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Investors withdraw $44bn from hedge funds but some strategies benefit from inflows

Monday, July 22, 2019

Laxman Pai, Opalesque Asia:

Investors pulled $16.43bn from the hedge fund industry in June, bringing year-to-date (YTD) outflows to -$44.61bn, said eVestment.

According to June 2019 eVestment Hedge Fund Asset Flows report, overall industry AUM stood at $3.273tn in June.

57% of reporting managers had net redemptions, and the month capped off the fifth consecutive quarter of industry redemptions in June, said the report.

However, that also means that in June 43% of managers had inflows or were flat.

For hedge funds managers, this highlights the importance of having a compelling marketing and investor relations message that highlights performance, expertise and other elements that set one fund apart from another.

And for investors, this highlights the importance of data and due diligence in the process of researching and selecting the right hedge funds.

Event Driven funds pulled in +$10.64bn by June

Event Driven funds were the big asset winners in June, bringing in +$1.89bn in June. YTD these funds have pulled in +$10.64bn, making them the asset flow leaders for the year as well.

Convertible Arbitrage funds eked out a positive month in June, pulling in +$300m last month, with asset flows of +$940m YTD. This would normally be unremarkable but for the sea of red among other primary strategies in June and so far this year, and for the fact that Convertible Arbitrage funds are among the smaller primary strategies, with $55.13bn in A......................

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. 50 South Capital & Preqin highlight emerging manager outperformance in a new report[more]

    Bailey McCann, Opalesque New York for New Managers: New data from Preqin and 50 South Capital, the investment arm of Northern Trust, shows that emerging managers are outperforming established managers by almost 4% a

  2. An academic wrecking ball aims at hedge funds[more]

    From Bloomberg: Quant investing, and indeed much of the hedge fund industry, is built on the power and freedom that come with the ability to sell short. When you short a security (borrow and then sell it, meaning you make money if the price falls and you then re-buy it), you can profit when markets

  3. PE/VC: Private equity buys $101bn of European businesses, 30 under 30 venture capital 2020: Meet the young investors backing tech's next big thing[more]

    Private equity buys $101bn of European businesses From Bloomberg: European equities' cheap valuations have turned the region into a honeypot for private-equity and arbitrage funds looking to reap double-digit returns. With the buyout firms enjoying a massive amount of dry powder, especial

  4. PE/VC: The truth about private equity fund size, US VC investment in female founders hits all-time high[more]

    The truth about private equity fund size From Institutional Investor: As the end of the year approaches, institutional investors in private markets are wrapping up work on the last few funds we need to invest in to hit our targeted annual commitment levels. You see, private equity

  5. Crypto: Almost 70 crypto hedge funds have closed this year as institutional investors shy away, Central bank talk of launching cryptocurrencies is all bluff, Thailand and Hong Kong in crypto collaboration with cross border token project, Crypto loans see solid growth, platforms attract community interest, A Bitcoiner in the Senate? Is Bakkt CEO in US govt. good or bad for crypto?, Bank of France to test digital currency in 2020[more]

    Almost 70 crypto hedge funds have closed this year as institutional investors shy away From The Block Crypto: Nearly 70 crypto-focused hedge funds that largely cater to institutional investors, such as pension funds and family offices, have closed this year. The number of new fund