Thursday, 24 July 2014
Last updated 1 hour ago
Oct 1 2012 | 8:37am ET
Hedge funds added $34.6 billion to their assets under management in August, a 1.4% increase that brought total AUM to $2.6 trillion, according to eVestment|HFN.
Performance accounted for $13.1 billion of that increase but the bulk came from investor inflows, which totaled $21.5 billion. The August net inflows brought year-to-date gains in AUM to $31.0 billion. The industry had witnessed outflows in four of the five preceding months.
Credit strategies hit record high AUM of $756.7 billion in August, as investors added an estimated net $14.6 billion and performance kicked in an additional $9.5 billion.
Equity funds, which had seen outflows in 12 of the past 13 months, added an estimated $5.8 billion in August while performance added an additional $7.7 billion, bringing total AUM to $787 billion.
Macro and managed futures funds reported slight net inflows in August with $940 million more being added than redeemed whileemerging market hedge funds were slightly negative in August, for a third consecutive month.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…