Thursday, 25 December 2014
Last updated 1 day ago
Aug 21 2013 | 9:33am ET
Strong demand for hedge funds in Europe and North America helped insure that, for now, at least, June is the only month this year in which the industry has suffered outflows.
Hedge funds took in about US$5 billion in July, according to Eurekahedge, recovering some of the nearly US$25 billion they lost to net outflows the previous month. European hedge funds continued to pull in clients, attracting US$3.6 billion to post their eighth-straight month of net inflows. By contrast, Asia ex-Japan and Latin America suffered net outflows.
All told, global hedge fund assets rose US$15.1 billion in July to US$1.89 trillion—with the bulk of the growth coming from strong performance.
Among strategies, long/short equity, event-driven and multi-strategy funds were most popular with investors in July. Arbitrage hedge funds, by contrast, were hit with the largest net outflows.
"This could be a result of strongly trending markets which would make strategies with a directional bias more attractive to investors," Eurekahedge said.
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.