Investors Pour Almost $100B Into Hedge Funds In H1

Jul 16 2014 | 1:32pm ET

Hedge funds took in more money in H1 2014—$99.7 billion—than in all of 2013, according to new data from eVestment.

In fact, investors poured more money ($65.3 billion) into equity strategies in H1 2014 than they put into all hedge funds in 2013 ($61.7 billion). Equity strategies now manage an estimated $997 billion.

Hedge fund assets under management reached $3.032 trillion in June, as investors added $6.1 billion for the month—below the previous four-month average of $22 billion.

Event-driven strategies led the pack in Q2, taking in $15.5 billion in new assets ($35.2 billion year to date), followed by long/short equity strategies with $10.8 billion ($36.1 billion YTD). Relative-value credit strategies attracted $7.46 billion in Q2 ($11.2 billion YTD).

Funds focused on the Americas pulled in $13.7 billion in the second quarter; followed by those focused on Europe, which attracted $9.0 billion. Emerging markets funds brought in $4.0 billion in Q2 while Asian funds saw outflows of $1.9 billion.


In Depth

AIMA: Smaller Firms Remain the Lifeblood of the Hedge Fund Industry

Jul 26 2017 | 5:55pm ET

It is a hedge fund industry truism that the largest managers receive the most attention...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of