Investors Put Another $20B Into HFs In February

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.


In Depth

FINtech Focus: Fundbase Aims To Revolutionize Access To Hedge Funds

Jan 23 2015 | 11:03am ET

Global investment in financial technology—also known as fintech—is booming....

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

From Switzerland With Love: Some Hard Truths About Central Banks And Risk

Jan 23 2015 | 7:54am ET

In the wake of the Swiss National Bank uncoupling the country’s currency from...

 

Editor's Note