{"id":34878,"date":"2013-04-10T10:38:23","date_gmt":"2013-04-10T14:38:23","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=34878"},"modified":"2013-04-10T10:39:53","modified_gmt":"2013-04-10T14:39:53","slug":"hedge-fund-industry-underperforms-sp-500-in-february","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2013\/hedge-fund-industry-underperforms-sp-500-in-february.html","title":{"rendered":"Hedge Fund Industry Underperforms S&#038;P 500 in February"},"content":{"rendered":"<p>New York (HedgeCo.Net) &#8211; BarclayHedge and TrimTabs Investment Research have reported that hedge funds took in a net $11.4 billion (0.6% of assets) in February, building on an inflow of $4.3 billion in January.  The results are based on data from 3,434 funds.<\/p>\n<p>\u201cThe hedge fund industry continues to struggle with performance,\u201d said Sol Waksman, president and founder of BarclayHedge.  \u201cThe industry delivered a return of 0.4% in February, less than half of the S&#038;P 500\u2019s 1.1% rise.  In the past 12 months, hedge funds earned 5.8%, while the S&#038;P 500 rose 10.9%.\u201d<\/p>\n<p>The TrimTabs\/BarclayHedge Hedge Fund Flow Report noted that stock-picking hedge fund managers performed well in February, just as they did in January.<\/p>\n<p>\u201cManagers of Equity Long Only hedge funds rose 1.1% in February, the best performers out of 13 major fund categories,\u201d said Waksman.  \u201cFixed Income and Multi-Strategy are the only two strategies that posted inflows in the past 12 months.\u201d<br \/>\nFunds of hedge funds continued to shed assets, losing $3.3 billion in February and $54.3 billion in the past 12 months.   They underperformed the hedge fund industry by 216 basis points in the past 12 months.<\/p>\n<p>The latest TrimTabs\/BarclayHedge Survey of Hedge Fund Managers found managers are notably more cautious about April than they were about March.  Opinions on the U.S. Dollar Index, 10-year Treasuries, and several other indicators hint that hedge fund managers are turning more defensive. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; BarclayHedge and TrimTabs Investment Research have reported that hedge funds took in a net $11.4 billion (0.6% of assets) in February, building on an inflow of $4.3 billion in January. The results are based on data [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-34878","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=34878"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34878\/revisions"}],"predecessor-version":[{"id":34881,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34878\/revisions\/34881"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=34878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=34878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=34878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}