Net Redemptions Topped $10 Billion In December

Feb 11 2014 | 1:15pm ET

Investors pulled more than $10 billion from hedge funds in December, the largest monthly outflow of the year.

Net redemptions totaled $10.4 billion on the month, according to BarclayHedge and TrimTabs Investment Research. But thanks to investment returns in December, the industry actually ended 2013 at a five-year high, with $2.2 trillion in assets. And in spite of December's outflow, 2013's net inflow of $56.5 billion marked a three-year high.

Investors yanked $6.8 billion from funds of hedge funds on the month and $35.3 billion on the year. The latter figure was below the $42.9 billion in outflows suffered by hedge funds in 2012.


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    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…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.