Nov. Hedge Fund Inflows Were $13B

Jan 10 2011 | 1:25pm ET

Hedge funds enjoyed an impressive haul in November, taking in the most new money from investors since February.

The industry saw net inflows of $13 billion on the month, its fifth straight month of positive flows, TrimTabs Investment Research and BarclayHedge said. And that bodes well for hedge funds, which added $64.3 billion in the first 11 months of last year.

“The year ahead looks bright for the hedge fund industry,” BarclayHedge’s Sol Waksman said. “Investors continue to pump money into the space.”

The biggest beneficiaries in November were long/short equity funds, which took in $2.5 billion. Commodity $3.9 billion outflow, but TrimTabs and BarclayHedge said that was primarily the result of redemptions from a single fund.

Event-driven funds took in $2.2 billion in November, emerging markets fund $1.8 billion and fixed-income $1.9 billion.

Funds of hedge funds saw a net inflow of $473 million, their fifth-straight monthly inflow, as well.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of