Sunday, 2 August 2015
Last updated 2 days ago
Jul 8 2014 | 12:14pm ET
Investors poured $16.9 billion into hedge funds in May, down slightly from $19.1 billion in April, according to the latest numbers from BarclayHedge and TrimTabs Investment Research.
“Hedge funds raked in $72.2 billion in the first five months of this year, the strongest January-May inflows since 2007,” said Sol Waksman, president and founder of BarclayHedge.
Industry assets climbed to a 5+ year high of $2.3 trillion in May, according to estimates based on data from 3,426 funds. Assets rose 18% in the past 12 months but were down 6% from the all-time high of $2.4 trillion in June 2008.
The hedge fund industry gained 1.2% in May, according to TrimTabs/Barclay Hedge, bouncing back from April’s 0.2% loss but underperforming the S&P 500, which gained 2.4%. In the past 12 months, the industry returned 7.6%, while the S&P 500 rose 18.0%.
A monthly survey of hedge fund managers found a plurality of respondents was neutral on the S&P 500 over the next 30 days, although bullish sentiment rose to a three-month high, and bearish sentiment dipped.
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…