Thursday, 21 August 2014
Last updated 5 hours ago
Jun 28 2010 | 11:40am ET
The hedge fund industry recorded negative net flows for first quarter 2010, according to the Lipper TASS Asset Flows Report.
Quarterly net outflows amounted to $11.05 billion, more than erasing the Q4 2009 inflows of $7.5 billion.
According to the report, Q1 2010 marked a polarization of money flows across hedge funds, with larger funds tending to post relatively larger and positive money flows, while smaller funds recorded relatively smaller and negative outflows.
On a four-quarter rolling-period basis, net money outflows from hedge funds amounted to $55.45 billion—an amount accounting for more than 15% of the sum of all negative quarterly money flows to the industry since first quarter 1994.
Despite the Q1 net outflows, global hedge fund assets are estimated to have increased quarter on quarter—from $1.34 trillion at the end of December 2009 to $1.39 trillion at the end of March 2010.
The bulk of net outflows in the first quarter were concentrated in strategies such as equity market-neutral, event-driven, managed futures, and multi-strategies.
Cumulative net inflows for the first quarter accounted for 0.91% of the beginning-of-quarter assets (it was 0.64% for the fourth quarter).
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note