Tuesday, 29 July 2014
Last updated 20 min ago
Dec 21 2007 | 11:07am ET
Market difficulties aside, hedge funds continue to attract big bucks. The industry enjoyed a $41.1 billion inflow in the third quarter, research firm Lipper said. The inflow is the third-largest quarterly take since at least 1994, when Lipper began tracking the data.
Event-driven hedge funds were the biggest beneficiaries of the cash infusion, taking in $15.5 billion. Long/short equity and multi-strategy funds also enjoyed inflows. Fixed-income arbitrage suffered the biggest outflow, at $5.1 billion.
“Growth came from ongoing institutional allocation in a period of heightened volatility across many asset class,” Lipper explained in its report.
Hedge funds have added $101.1 billion in assets in the first three quarters of 2007, a 9% year-on-year increase. In total, hedge funds manage an estimated $1.73 trillion.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…