Friday, 29 August 2014
Last updated 9 hours ago
Apr 23 2013 | 9:49am ET
Hedge fund investors redeemed $12.4 billion in March, but net flows for Q1 2013 remained positive, at $7.6 billion, reports eVestment.
Performance added another $56.1 billion to bring total hedge fund industry assets under management to $2.664 trillion in the first quarter, a 2.5% quarter on quarter increase.
Early indications show funds of funds flows were highly negative again in Q1.
March saw investors crowding into credit strategies, which attracted about $4.6 billion during the month bringing their first quarter total inflows to $23.0 billion.
Macro funds saw redemptions worth an estimated $2.3 billion in March; nevertheless, Q1 flows remained positive, thanks mainly to continued allocations to a few large funds.
Q1 redemptions from managed futures funds were the largest since Q1 2009 while March redemptions from directional equity hedge funds reached $6.1 billion, bringing Q1 outflows to $9.2 billion. Investor flows have been negative for equity strategies for the last seven quarters, notes eVestment, matching the duration of outflows from equities during the financial crisis.
Outflows from emerging market funds have been declining for the past four months, turning positive in March while commodity fund flows brought that group into negative territory for Q1.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...