Friday, 22 August 2014
Last updated 13 hours 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.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note