Hedge Fund Inflows Swamped By Poor Performance

Jul 13 2010 | 1:21pm ET

Hedge funds took in $4 billion in new money in May, but spent the month losing even more.

Hedge funds suffered their worst month in 18 in May, leaving the global industry with $30 billion less at the end of the month than at the beginning, according to TrimTabs Investments Research and BarclayHedge. It’s the third month in the last four that poor performance wiped out an inflow, and thensome.

And things aren’t likely to get much better for the $1.58 trillion industry. Some 37% of managers surveyed were bearish on the Standard & Poor’s 500 Index, with only 19% counting themselves as bullish. And hedge funds may not have monthly inflows to continue to rely on: “Flow data won’t show a hit until June because most funds allow redemptions only on a quarterly basis,” Sol Waksman, CEO of BarclayHedge, said.


In Depth

Why Ponzi Schemes Work: An In-Depth Look At The Allen Stanford Fraud

Dec 21 2014 | 10:30am ET

Texan Allen Stanford first appeared on the radars of financial regulators in 1997...

Lifestyle

Hedgie Funds US Squash Program

Dec 24 2014 | 8:46am ET

Squash, anyone?

Guest Contributor

EidoSearch’s Top Three Market Projections For 2015

Dec 23 2014 | 4:03am ET

It is that time of year again when prognosticators make their big market calls for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

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.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.