{"id":44975,"date":"2014-11-12T06:42:14","date_gmt":"2014-11-12T11:42:14","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=44975"},"modified":"2014-11-12T08:08:23","modified_gmt":"2014-11-12T13:08:23","slug":"hedge-funds-redeem-5-1-billion-in-september","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2014\/hedge-funds-redeem-5-1-billion-in-september.html","title":{"rendered":"Hedge Funds Redeem $5.1 Billion in September"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/11\/e014087.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-44982\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/11\/e014087.jpg\" alt=\"E014087\" width=\"275\" height=\"251\" \/><\/a>New York (HedgeCo.Net) &#8211; The hedge fund industry redeemed $5.1 billion (0.2% of assets) in September,\u00a0BarclayHedge and TrimTabs Investment Research reports, making it the largest outflow since December 2013 and only the second outflow this year.<\/p>\n<p>\u201cHedge fund inflows slowed sharply in the third quarter,\u201d said Sol Waksman, president and founder of BarclayHedge. \u201cThe industry raked in $82.1 billion in the first half of 2014 \u2014 more than in the previous three years combined \u2014 but inflows subsided to $12.6 billion in the third quarter.\u201d<\/p>\n<p>Industry assets stood at a six-year high of $2.38 trillion in September, according to estimates based on data from 3,490 funds. Assets climbed 18.8% in the past 12 months and are down just 2.4% from the all-time high of $2.44 trillion in June 2008.<\/p>\n<p>The monthly TrimTabs\/BarclayHedge Hedge Fund Flow Report noted that the hedge fund industry lost 1.3% in September, the worst return in 15 months, but it outperformed the S&amp;P 500, which lost 1.4%. In the past 12 months, hedge funds returned 10.3%, while the S&amp;P 500 gained 19.7%.<\/p>\n<p>\u201cMacro funds performed best in September, gaining 1.2%, while Distressed Securities funds had the strongest inflows at $1.7 billion,\u201d said Waksman. He also noted that despite superior returns in September, Macro funds have the largest redemptions year-to-date ($6.3 billion) and in the past 12 months ($9.8 billion).<\/p>\n<p>The monthly TrimTabs\/BarclayHedge Survey of Hedge Fund Managers finds managers were more optimistic on stocks in October than they had been all year. A majority of respondents expects developed markets to outperform emerging and frontier markets over the next six months, a trend that has persisted for 20 consecutive months. Bullishness on gold fell to its lowest point in 17 months.<\/p>\n<p>Editing by Alex Akesson<br \/>\nFor\u00a0<a style=\"color: #743399;\" title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a style=\"color: #743399;\" href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a style=\"color: #743399;\" title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a>\u00a0is a premier\u00a0<span style=\"color: #993300;\"><span style=\"color: #800080;\"><a style=\"color: #ff4b33;\" title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\"><span style=\"color: #800080;\">hedge fund database<\/span><\/a><\/span>\u00a0<\/span>and community for qualified and accredited investors only. Membership in\u00a0<a style=\"color: #743399;\" title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a>\u00a0is FREE and EASY. We also offer FREE LISTINGS for\u00a0<a style=\"color: #743399;\" title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; The hedge fund industry redeemed $5.1 billion (0.2% of assets) in September,\u00a0BarclayHedge and TrimTabs Investment Research reports, making it the largest outflow since December 2013 and only the second outflow this year. \u201cHedge fund inflows slowed [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[919,3],"tags":[],"class_list":["post-44975","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-research","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44975","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=44975"}],"version-history":[{"count":4,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44975\/revisions"}],"predecessor-version":[{"id":44985,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44975\/revisions\/44985"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=44975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=44975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=44975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}