Sunday, 1 February 2015
Last updated 1 day ago
Jul 12 2011 | 12:30pm ET
Hedge funds netted $8.1 billion in net inflows in May, continuing their perfect run of positive flows this year.
Despite the increase, industry assets were flat in May as most hedge funds suffered losses on the month, BarclayHedge and TrimTabs Investment Research said. Hedge funds managed $1.79 trillion at the end of May.
"The industry hauled in $75 billion in the first five months of 2011, which marks the heaviest such inflow since 2007," said BarclayHedge founder Sol Waksman. "Performance, however, has hardly been stellar. The Barclay Hedge Fund Index shows a year-to-date return of just 2.1% through May, and many managers are in the red for the year."
Investors poured a net $4.5 billion into commodity hedge funds in May and $1.4 billion into fixed-income funds.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…