Monday, 20 October 2014
Last updated 2 days ago
Oct 19 2010 | 1:34pm ET
Hedge funds enjoyed their best quarter in almost three years over the past three months, as big inflows and bigger performance gains added $120 billion to the industry's coffers.
Investors added a net $19 billion in new money during the third quarter, Hedge Fund Research reports. Combined with more than $100 billion in performance gains, that amounts to the best quarter for hedge funds since the fourth quarter of 2007.
It all adds up to industry assets of $1.77 trillion, close to it's pre-financial crisis high-water mark.
Relative value and macro funds were most popular with investors, with each adding roughly a net $7 billion. Event-driven funds took in $5.7 billion.
Even funds of hedge funds managed to post their second growing quarter in the last nine with $250 million in net inflows.
Not every strategy was popular with investors. Equity hedge funds suffered a $600 million net outflow.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...