Friday, 30 January 2015
Last updated 1 hour ago
Aug 19 2013 | 1:33pm ET
Investors poured $5.7 billion into hedge funds in July while performance gains added another $16.8 billion to bring total industry assets under management to $2.67 trillion, reports eVestment.
The month saw macro funds rebound sharply from significant May and June redemptions as investors allocated a net $7.6 billion to these strategies in June.
Credit funds, on the other hand, recorded their largest outflows since January 2012, with investors pulling about $3.6 billion.
Mortgage-backed securities strategies faced a second consecutive month of redemptions in July as investors pulled an estimated $4.1 billion, their largest outflows since 2006.
Multi-strategy, distressed and event-driven funds all experienced net redemptions in July, as did managed futures funds, which recorded an 11th consecutive month of outflows.
Emerging markets funds saw their largest outflows since July 2012 at $2.6 billion.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…