Sunday, 28 December 2014
Last updated 7 hours ago
Apr 11 2013 | 9:14am ET
Hedge funds took in a net $11.4 billion in February, despite performance that lagged that of the S&P 500.
The positive February numbers follow January inflows of $4.3 billion, according to the latest data from BarclayHedge and TrimTabs Investment Research.
“The hedge fund industry continues to struggle with performance,” said Sol Waksman, president and founder of BarclayHedge. “The industry delivered a return of 0.4% in February, less than half of the S&P 500’s 1.1% rise. In the past 12 months, hedge funds earned 5.8%, while the S&P 500 rose 10.9%.”
The results are based on data from 3,434 funds.
Funds of hedge funds continued to shed assets, losing $3.3 billion in February and $54.3 billion in the past 12 months. They underperformed the hedge fund industry by 216 basis points in the past 12 months.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.