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%.


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Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

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