Best And Worst: Hedge Fund Flows Follow Performance

Nov 14 2012 | 10:58am ET

The hedge fund industry has seen volatile flows over the past two years—with the exception of the very best funds out there.

The top-performing decile of hedge funds have helped themselves to twice their share of positive hedge fund flows since the beginning of last year. The group took in more than $10 billion of the $49.1 billion that investors have added to hedge funds between January of last year and September of this year, according to BarclayHedge and TrimTabs Investment Research.

"The top hedge funds accounted for 21.4% of the hedge fund industry's flows," TrimTabs CEO Charles Biderman said.

Equally unsurprising, the bottom decile of hedge funds in terms of performance bled assets over the same period, losing $6.4 billion to withdrawals.

During those 21 months, the top 10% of hedge funds enjoyed a median return of 27.8%. The bottom 10% suffered a median decline of 25.6%.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Often seen as a passion project, or part of a philanthropic venture, rare and fine stringed instruments offer an exciting option to diversify one’s investment portfolio while providing an opportunity for an exceptional long-term investment.