Saturday, 23 August 2014
Last updated 1 day ago
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.
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