Sunday, 21 December 2014
Last updated 5 hours ago
Aug 20 2008 | 1:39pm ET
Investors are still shying away from emerging markets hedge funds, as last year’s top-performing strategy continues to suffer from poor returns.
Global emerging markets funds added $995 million in the second quarter, according to Hedge Fund Research. While that is a more than 60% increase compared to the first quarter inflow of $597 million, it is down 72% from the second quarter last year. And if inflows continue at this rate, 2008 could post the lowest inflow since 2000.
The number of emerging markets hedge funds grew by only a handful, standing at 1,061 from 1,057 three months earlier.
“While overall flows have slowed, investors continued to allocate assets to emerging markets hedge funds in the second quarter, indicating a continued belief in the long-term growth prospects for these developing economies,” Kenneth Heinz, president of HFR, said.
Among the trends uncovered by HFR is a growth in emerging markets macro strategies, as funds abandon poor-performing equity hedge strategies.
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.