Thursday, 24 July 2014
Last updated 38 min 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.
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…