Thursday, 30 October 2014
Last updated 15 min ago
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.”
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.