Tuesday, 2 September 2014
Last updated 3 hours ago
Aug 28 2012 | 8:50am ET
Single-manager hedge funds (including commodity trading advisors) saw their assets under management rise 5.23% in H1 2012 to $1.89 trillion, according to PerTrac.
On the other hand, funds of hedge funds saw their AUM fall 4.9% over the first half to $425 billion, a decline due in part to a 3.8% decline in the number of funds of funds reporting to databases.
The total amount invested in the hedge fund industry stood at $2.32 trillion by the end of the first half of 2012. The number of funds reporting to databases also increased—up 4.6% to 14,013 (10,754 of which were single-manager funds).
Most of the gains in the number of single-manager hedge funds (75%) came from small and start-up funds with less than $25 million in assets under management.
Investors still tend to favor the larger funds—single-manager funds with AUM over $1 billion managed 60.6% of all single-manager AUM as of the end of H1 12, or $1.15 trillion.
“Although challenging economic conditions have impacted hedge funds’ performance during the last few years, investors still see their long term value and are giving them a significant place in their portfolios,” said Brendan Dolan, president of PerTrac.
PerTrac aggregates information from 11 leading global databases.
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 ...