eVestment|HFN Reports Hedge Funds Up Almost 2% In Feb

Mar 8 2012 | 1:07pm ET

Another county heard from: eVestment|HFN also reports that hedge funds have had their strongest yearly start since 2000, adding 1.94% for the month.

The hedge fund data firm says early indications show net investor flows were positive for the second consecutive month in February, reversing the outflow trend of H2 2011.

eVestment|HFN says 60% of funds reporting for February indicated positive net investor flows during the month while 75% of large funds (>$1 billion) reported allocations outpaced redemptions in February.

February’s positive performance seems to have been driven by long-biased equity exposures, particularly to emerging markets, and among those, particularly to Brazil (up 4.63% in February, 12.22% YTD) and Russia (up 10.10% in February, 21.70% YTD). Funds focused on China were positive for the month but trailed other EM strategies (up 1.08% in February, 3.17% YTD).

eVestment|HFN says smaller funds (those with under $1 billion AUM) have outperformed their larger rivals by more than 100 bps so far in 2012.

In aggregate, equity strategies outperformed credit and macro strategies, but all classifications ended February in the black. Equity strategies were up 2.48% for the month, 6.03% YTD; credit strategies were up 1.48% for the month, 3.01% YTD; and macro strategies were up 1.81% for the month, 3.82% YTD. Only short biased funds (down 6.41%) and FX strategies (down 1.68%) reported negative aggregate returns for the month.

Mortgage strategies continued to post solid results and are the best performing fund classification over the last 12 months.


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR