Tuesday, 21 October 2014
Last updated 19 min ago
Sep 12 2013 | 10:57am ET
Hedge funds took in a net $8.2 billion in July, reversing their June outflows of $8.9 billion, according to the latest data from BarclayHedge and TrimTabs.
The TrimTabs/BarclayHedge Hedge Fund Flow Report is based on data from 3,327 funds.
“July’s volume was well off the blazing pace set in May, when the industry took in a net $18.8 billion, the largest inflow in the past two-and-a-half years,” said Sol Waksman, president and founder of BarclayHedge, in a statement. “Nevertheless, industry assets climbed to a five-year high of $1.97 trillion in July.”
Funds of hedge funds shed $4.1 billion in July, on top of a $1.5 billion outflow in June. Funds of funds have attracted net inflows in just three of the past 24 months.
Meanwhile, the monthly TrimTabs/BarclayHedge Survey of Hedge Fund Managers found that managers grew notably more bearish on U.S. stocks in August. Also, nearly half of the managers surveyed in August were bearish on U.S. Treasuries while a similar proportion were bullish on the U.S. dollar index.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...