Monday, 29 December 2014
Last updated 3 hours ago
Feb 24 2010 | 1:04pm ET
Despite a slight drop in assets last month, hedge funds are poised to pull in the billions this year, according to a new report.
Poor performance drained $3 billion from hedge funds in January, offset slightly by $140 million in net inflows, according to Eurekahedge. But the industry could grow by $200 billion by the end of the year following one of their strongest years in 2009.
“Going forward, we can expect greater allocations to hedge funds throughout the year 2010 as compared to 2009,” Eurekahedge said. “The sharp change in market conditions in the middle of January has resulted in greater risk aversion and as such, investors are seeking greater downturn protection, which hedge funds have traditionally provided in addition to greater returns over the long term.”
Hedge fund assets, which stood at $1.48 trillion at the end of last year, could rise to $1.68 trillion by the end of this one.
Investors are increasingly choosing single-manager hedge funds over funds of hedge funds, Eurekahedge said.
And while many in the industry are wringing their hands over proposed new hedge fund regulations on both sides of the Atlantic, the prospect of strict new rules for hedge funds is having a reassuring effect on hedge fund investors, especially institutional investors, according to Eurekahedge.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.