Thursday, 18 December 2014
Last updated 1 hour ago
Aug 11 2006 | 12:00am ET
Assets under management in hedge funds have continued their robust growth, according to Tremont Capital Management research, in spite of recent less-than stellar returns.
Hedge funds added $38.3 billion in net inflows during the second quarter to rise to $954 billion, a 4.19% jump. Tremont’s Asset Flow Report showed fixed-income arbitrage the big winner with 7.28% growth, following a tiny 0.81% increase in the first quarter.
Global macro strategies also saw assets increase by more than 7%, adding 7.16% following the first quarter’s 4.04% rise. Emerging markets continued to attract big money, following up last quarter’s 7.97% increase with a 5.83% jump in the second quarter.
“Investors are opportunistically diversifying their portfolios,” said Tremont CEO Robert Schulman. “Money is flowing into hedge funds generally, while within the industry investors are adjusting their portfolios to take advantage of the changing opportunity set.”
All 10 strategies tracked by Tremont posted net inflows during the second quarter, with managed futures adding 5.87%, equity market neutral 5.07%, long/short equity hedge 3.86%, dedicated short bias 3.84%, multi-strategy 3.11%, convertible arbitrage 3.01%, and event driven 2.28%.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.