Hedge Funds Attract $71B As Of End-July

Aug 19 2014 | 8:01am ET

Investors poured $70.9 billion into hedge funds in the first seven months of 2014, despite average returns of only 2.82% year to date.

New data from Eurekahedge shows European hedge funds took in $33.4 billion as of July 2014, up from $29.4 billion last year at this time.

North American hedge funds now manage more than $1.4 trillion, having added $62.6 billion as of July 2014.

Long/short equity, fixed-income and multi-strategy funds remained the three most popular strategies in terms of investor allocations, attracting $55.5 billion, $15.6 billion and $10.1 billion, respectively, over the monitored period.

There were 93 fewer CTA/managed futures funds at the end of H1 2014, and the strategy has seen outflows of $11.5 billion as of July.

Asia ex-Japan hedge funds outperformed all other regional mandates—they're up 6.50% YTD—and  have seen their AUM grow by $6.5 billion so far this year.

Activist hedge funds remain popular with investors, with AUM growing by over $30 billion since the start of 2013.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...