Saturday, 4 July 2015
Last updated 12 hours ago
May 15 2014 | 11:02am ET
Investors poured $17.9 billion into hedge funds in April, offsetting slight performance declnes to put total assets under management at $2.9 trillion—a level not seen since Q2 2008.
Year to date, investors have allocated $69.4 billion to hedge funds, according to new data from eVestment, far more than in the first four months of 2013 ($2.5 billion) and 2012 ($21.7 billion).
Equity strategies attracted $6.36 billion in April, bringing YTD inflows to $48.34 billion. Equity strategies now manage an estimated $948.5 billion, far below their all-time high of $1.08 trillion in Q4 2007.
Fixed-income/credit strategies pulled in $1.17 billion in April ($8.87 billion YTD). Credit AUM is an at an all-time high, having surpassed its pre-crisis peaks in 2010. Fixed income/credit strategies manage an estimated $952.8 billion.
Broad multi-strategy funds attracted $9.87 billion in April ($27.96 YTD) and now manage an estimated $383.06 billion. Multi-strategy funds attracted the most new assets of any strategy in April.
Commodities strategies were the only losers, as investors pulled $84 million from them in April (bringing their YTD outflows to $1.85 billion).
In regional terms, Americas funds led, attracting $4.61 billion ($22.46 billion YTD), followed by European funds with $91 million ($15.76 billion YTD).
Asian and emerging markets funds saw outflows of $59 million and $1.77 billion, respectively, in April. Asian funds are still up $1.35 billion YTD while emerging market funds have seen YTD outflows of $10 million.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…