Hedge Funds Attract $8.2B In July

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.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…