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Laxman Pai, Opalesque Asia: While HFM report says that investors allocated just over $10bn to hedge funds in January, eVestment says they pulled -$4.18bn from the global hedge fund business in the month under review.
Marking a turnaround from the past two months, investors allocated just over $10bn to hedge funds in January, said HFM. The investor inflow was achieved despite the negative performance of hedge funds, as the HFM Global Composite returned -1.4% in January amid a tough month for global equities.
The HFM Global Composite returned -1.4% in January amid a tough month for global equities. The hedge fund industry has attracted over $10bn in net inflows YTD, but less than half of funds have had net inflows. Multi-strategy ($6.4bn), fixed income/credit ($3.6bn) and event-driven ($3.1bn) strategies combined for a $13.1bn inflow in January.
Meanwhile, according to eVestment data summarized in its January 2022 Hedge Fund Asset Flows Report, investors pulled -$4.18bn from the global hedge fund business in January. eVestment said the outflows come on top of January 2022's industry performance also being negative, at -1.74% as reported by eVestment earlier this month. With both investor redemptions and perform...................... To view our full article Click here
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