New Money Streams Into Hedge Funds, Industry Up To $1.225 Trillion

Jul 21 2006 | 5:42pm ET

New money poured into hedge funds at a dizzying pace during the second quarter, according to Hedge Fund Research. The funds raked in $42.1 billion in new investments during the quarter, bringing total assets in the industry to a whopping $1.225 trillion. HFR reported that investors were lured into hedge funds by their strong performance in Q1. The inflows are the largest on record for any quarter since HFR began tracking them in 2003. Equity managers were the biggest asset gatherers, pulling in more than $13 billion in new money during the quarter. Global macro managers came in second in terms of new money, seeing inflows of $8.4 billion, while event-driven strategies lured $4.8 billion, according to the Chicago-based research firm. Meanwhile, fixed-income arbitrage strategies saw the biggest outflows, losing $164 million in assets for the quarter.

In Depth

Fund Focus: Don’t Call K1T Capital A ‘Trend Follower’

Jul 10 2014 | 10:39am ET

You may call K1T Capital many things—systematic, quant-based, hedge fund—but...

Lifestyle

RenTech Founder Donation Establishes Quantitative Biology Institute

Jul 8 2014 | 5:19am ET

James Simons used math to make his fortune, and he’s dedicating some of it to...

Guest Contributor

As Hedge Funds Go Retail, Communications Is Key

Jul 2 2014 | 6:56am ET

The past two years have seen an explosion in the number of hedge fund managers rolling...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    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…

Service Providers


Publisher's Note