Thursday, 2 October 2014
Last updated 1 hour 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...