Hedge Funds Inflow Total $21.8B In Nov.

Jan 14 2008 | 1:02am ET

TrimTabs Investment Research and BarclayHedge said today that hedge funds posted an estimated inflow of $21.8 billion in November. Funds of hedge funds received an estimated $18.9 billion, while direct investment into hedge funds totaled an estimated $2.9 billion.

By far the most popular hedge fund category in November was emerging markets, which posted an estimated inflow of $5.7 billion. “Hedge fund investors continue riding the emerging markets wave, lifting the year-to-date inflow into Emerging Markets to a hefty $36.9 billion,” said Sol Waksman, CEO of BarclayHedge. “But most of them could have achieved far better returns had they simply invested in a product tracking the MSCI Emerging Markets Index.”

The only hedge fund category posting an outflow in November was merger arbitrage, which lost an estimated $2.7 billion, its second consecutive outflow.

“The hedge fund industry’s 1.6% loss in November was its worst performance since May 2006,” said Charles Biderman, CEO of TrimTabs. “Yet hedge funds managed to post a solid inflow even as equity mutual funds lost $10.9 billion.”


In Depth

OmniQuest Capital: Why Funds of Hedge Funds Work

Aug 11 2016 | 4:47pm ET

There have been few sectors of the alternative investment universe under as much...

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

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...