Flat Performance In May Doesn't Prevent Strong Inflows At Och-Ziff

Jun 3 2011 | 2:04pm ET

Och-Ziff Capital Management said yesterday that assets under management jumped $600 million in May despite flat performance by its flagship hedge fund.

New York-based Och-Ziff said that it managed an estimated $30 billion as of June 1. The growth is almost entirely the result of net inflows, given the performance of its hedge funds.

The OZ Master Fund was flat, standing with a 4.12% return year-to-date, and the firm's other funds' performances appear to have more or less cancelled each other out. Its Europe Master Fund was up 0.24% last month (4.21% year-to-date) and its Global Special Investments Master Fund added 0.49% (6.13% YTD), but its Asia Master Fund lost 1.71% in May (up 0.52% YTD).

The $600 million bump is Och-Ziff largest asset increase in more than two years.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of