Saturday, 20 September 2014
Last updated 11 hours ago
Mar 22 2013 | 9:41am ET
Investors poured about $20.3 billion in net new capital into hedge funds in February, while performance accounted for a decline of $12.1 billion, according to the latest stats from eVestment.
Credit strategies proved the most popular, attracting nearly $8 billion in new flows for the month and over $15 billion year to date. Equity-focused funds saw slight inflows during the month, taking in a net $1.4 billion, but flows remain negative for the year.
Macro strategies attracted about $6.6 billion in February, the bulk concentrated among the strategy’s largest firms.
The divergence between macro fund flows and managed futures has continued into February. In the first two months of the year, the two strategies have seen a net flow differential of over $16 billion, matching the flow differentials in the second half of 2012.
Total estimated hedge fund assets climbed 0.31% to $2.653 trillion in February.
Hedge funds added 0.16% on the month, putting them up 2.50% YTD, according to eVestment. Long/short equity funds were the best performers, adding 0.68% in February, while managed futures, down 1.50%, were the worst.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.