Thursday, 2 October 2014
Last updated 14 hours ago
May 25 2011 | 11:12am ET
Investors flocked to hedge funds in droves in April, according to new figures from Eurekahedge.
The industry took in $28.33 billion in new money last month, its largest monthly inflow in almost three years. That helped push total industry assets to $1.81 trillion, the first time they've reached that level since the financial crisis.
All told, net inflows for the year through April have totaled $93.94 billion, nearly half as much as the $66.24 billion the industry took in all of last year.
Strong performance counted for almost as much of last month's growth as investor inflows: Performance gains were $23.97 billion on the month, hedge funds' 10th straight of positive average returns.
Eurekahedge said that long/short equity funds have been the biggest beneficiaries of the inflows, adding $30.7 billion this year. But interest (and investment) in event-driven funds have seen that strategy grow larger than $200 billion, its highest asset level ever.
Even funds of hedge funds were carried along, enjoying their first positive quarterly flows since the beginning of 2008.
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...