Friday, 26 December 2014
Last updated 1 day ago
Apr 12 2011 | 4:37pm ET
The hedge fund industry enjoyed its best-ever month in terms of inflows, attracting nearly $35 billion in new money on the month.
The $34.9 billion net inflow brings the total amount managed by hedge funds gloablly to $1.73 trillion, BarclayHedge and TrimTabs Investment Research said. That is the highest level since October 2008.
"Public pension plans—many of which are underfunded—are devoting much more capital to the hedge fund space," BarclayHedge President Sol Waksman explained. "Flows are doubtless following performance."
That mean that equity long-bias funds enjoyed a "particularly huge inflow," BarclayHedge and TrimTabs said.
Strong inflows were also enjoyed by funds of hedge funds and commodity trading advisers. The former took in $7.3 billion in February, their best month in almost three years, while the latter had its best fundraising month since June 2009 with a $7.5 billion inflow.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
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.