Mid-Sized Hedge Funds Benefit From Inflow

Dec 16 2009 | 10:32am ET

Investors have begun pouring billions back into hedge funds, but the industry’s smaller players are being left out in the cold.

Hedge funds took in more than $150 billion from investors over the first three quarters of the year, according to a new report from Barclays Capital. But that new money was far from evenly distributed, and most hedge funds are still managing much less money than they were at the peak.

Funds with between $5 billion and $10 billion in assets saw a 5% positive net flow, according to the report. Larger funds were basically flat. But smaller hedge funds were hammered.

Those with less than $1 billion suffered a 16% outflow. Hedge funds with between $1 billion and $5 billion were hit by a 12% outflow.

All told, the average hedge fund manager is managing 32% less today than at their peak, Barclays said.


In Depth

Q&A: MackeyRMS's Chris Mackey On A High Tech Fix To Broker Votes

Jun 23 2017 | 8:17pm ET

The looming implementation of the EU’s MiFID II rules regarding research has put...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 
Error

From the current issue of