Friday, 29 August 2014
Last updated 8 hours ago
May 10 2012 | 11:42am ET
Hedge funds managed just their fourth monthly inflow in the last nine in March, but still disappointed.
The industry took in $2.3 billion in March, according to TrimTabs Investment Research and BarclayHedge. The figure is sharply lower than the $6.8 billion hedge funds took in in February, and the $13.9 billion they took in last March.
The second-straight monthly inflow also didn't save the industry from a big first-quarter net outflow of US$3.2 billion.
Total industry assets now stand at US$1.8 trillion.
"Though asset growth rebounded in the summer of 2009, it petered out in May of 2010 and has been sliding even since, even as equity market asset prices remained resilient and surged strongly in Q1 2012," BarclayHedge's Sol Waksman said. The problem no doubt lies in part with the fact that hedge funds failed to surge strongly along with the broader markets.
"Hedge fund industry returns continued to lag popular financial industry benchmarks," TrimTabs founder Charles Biderman said.
Not all hedge fund strategies are suffering. The report shows that macro, fixed-income and Japan hedge funds have managed to attract investors.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...