Hedge Fund Industry AUM Tops $2T In February

Mar 18 2014 | 11:29am ET

Hedge funds added 1.79% in February as industry assets under management reached a record high $2.03 trillion, according to Eurekahedge.

Hedge funds recorded performance-based gains of US$15 billion and net asset inflows of $11 billion during the month.

Long/short equities hedge funds recorded their 15th consecutive month of positive net asset flows, with net capital allocations to the strategy for 2014 standing at $19.0 billion.

On the flipside, trend-following strategies posted their ninth consecutive month of net asset outflows in February, and saw redemptions worth $12.7 billion over this period.

Total assets in North American hedge funds reached a new high of $1.36 trillion with assets growing by $11.1 billion in the first two months of the year.

Japan-focused hedge funds recorded their second consecutive month of negative returns, down 1.12% year-to-date.

Distressed debt funds delivered their eighth consecutive month of positive returns, up 2.25% during the month and 3.37% year-to-date.

In 2013, a total of 1,124 new funds were launched while 777 funds reported themselves as liquidated, bringing the current size of the hedge fund industry to 10,757 hedge funds.
 


In Depth

High Time For A Cannabis Hedge Fund?

Sep 30 2014 | 7:07am ET

Launching a hedge fund is always a gamble, but Leslie Bocskor's decision to launch...

Lifestyle

Griffin Donates $1M To Rauner's Illinois Gov. Campaign

Sep 22 2014 | 9:29am ET

Hedge fund billionaire Kenneth Griffin definitely has a dog in this fight. The Citadel...

Guest Contributor

Appraisal Ratio Key To Evaluating Hedge Funds And Other New Investments

Sep 29 2014 | 3:07pm ET

As a former finance professor Peter Hecht experiences heartburn every time he hears...

 

Videos

Editor's Note

    Must Attend Hedge Fund Charity Events For October

    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…

 

Futures Magazine

September 2014 Cover

High frequency market making

High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...

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.