{"id":42992,"date":"2014-07-11T08:25:19","date_gmt":"2014-07-11T12:25:19","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=42992"},"modified":"2014-07-11T08:27:36","modified_gmt":"2014-07-11T12:27:36","slug":"hedge-funds-get-16-9-billion-in-may-but-underperform-sp-500","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2014\/hedge-funds-get-16-9-billion-in-may-but-underperform-sp-500.html","title":{"rendered":"Hedge Funds Get $16.9 Billion in May but Underperform S&P 500"},"content":{"rendered":"

\"18378647-dollar-sign-island\"<\/a>New York (HedgeCo.Net) – BarclayHedge and TrimTabs Investment Research reported today that the hedge fund industry took in $16.9 billion (0.7% of assets) in May, down slightly from $19.1 billion (0.8% of assets) in April.<\/p>\n

\u201cHedge funds raked in $72.2 billion in the first five months of this year, the strongest January-May inflows since 2007,\u201d said Sol Waksman, president and founder of BarclayHedge.<\/p>\n

Industry assets climbed to a 5\u00be-year high of $2.3 trillion in May, according to estimates based on data from 3,426 funds. Assets rose 18% in the past 12 months but were down 6% from the all-time high of $2.4 trillion in June 2008.<\/p>\n

The monthly TrimTabs\/BarclayHedge Hedge Fund Flow Report noted that the hedge fund industry gained 1.2% in May, bouncing back from April\u2019s 0.2% loss but underperforming the S&P 500, which gained 2.4%. In the past 12 months, the industry returned 7.6%, while the S&P 500 rose 18.0%.<\/p>\n

\u201cFunds targeting distressed securities are up 5.1% this year, outperforming all other fund categories,\u201d said Waksman, who noted that macro funds fared the worst, losing 0.9%.
\nThe monthly TrimTabs\/BarclayHedge Survey of Hedge Fund Managers finds a plurality of respondents was neutral on the S&P 500 over the next 30 days, although bullish sentiment rose to a three-month high, and bearish sentiment dipped. The majority favoring developed markets grew larger, rebounding from a 15-month low in May. The proportion expecting crude oil prices to rise in the next six months hit a 17-month high, while the proportion expecting gold prices to climb rose to a four-month high.<\/p>\n","protected":false},"excerpt":{"rendered":"

New York (HedgeCo.Net) – BarclayHedge and TrimTabs Investment Research reported today that the hedge fund industry took in $16.9 billion (0.7% of assets) in May, down slightly from $19.1 billion (0.8% of assets) in April. \u201cHedge funds raked in $72.2 […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16042,3],"tags":[],"class_list":["post-42992","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-performance-2","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42992","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=42992"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42992\/revisions"}],"predecessor-version":[{"id":43009,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42992\/revisions\/43009"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=42992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=42992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=42992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}