New York (HedgeCo.Net) Citi recently released its Hedge Fund Snapshot for March and February was a good month for hedge funds both in terms of performance as well as growth. In terms of performance, the two equal-weighted across funds indices from HedgeFund.net and Hedge Fund Research were up 1.88% and 2.02%, respectively. These are the largest monthly gains since February 2014.<\/p>\n
In terms of growth, assets under management rose $60.8 billion during the month of February with $48.7 billion coming from performance gains. That is the highest total for performance gains since December 2011. The $12.1 billion in net investor inflows during the month stopped a two-month streak of net outflows.<\/p>\n
The strategy performance breakdown showed Distressed strategies led the way with a gain of 2.99% followed by Equity Long\/Short at 2.8% and Event Driven strategies gaining 2.4%. With February being a pretty strong month for global equity markets, it isn\u2019t surprising to see Dedicated Short Bias strategies as the biggest laggards, losing 1.37%. Two other strategies with subpar performances were CTA\/Managed futures (+0.1%) and Global Macro (+0.48%).<\/p>\n
Equity long\/short strategies continue to be the most popular, garnering 27.2% of hedge fund assets. Global Macro strategies are second with 21.1% of assets. Ironically, the two least popular strategies were the top and bottom performing strategies for the month. Dedicated Short Biased strategies hold 0.1% of assets and Distressed strategies hold 1.2%.<\/p>\n
Given the six-year old bull market, the Dedicated Short Biased strategies being the least popular is understandable. However, should the market enter a corrective phase or a bear market, these strategies will undoubtedly become more popular.<\/p>\n","protected":false},"excerpt":{"rendered":"
New York (HedgeCo.Net) Citi recently released its Hedge Fund Snapshot for March and February was a good month for hedge funds both in terms of performance as well as growth. In terms of performance, the two equal-weighted across funds indices […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16042,16043,919,16,3,13],"tags":[],"class_list":["post-47363","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-performance-2","category-hedge-fund-technology","category-hedge-fund-research","category-hedgeco-networks-press-releases","category-hedgeco-news","category-press-releases"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/47363","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=47363"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/47363\/revisions"}],"predecessor-version":[{"id":47365,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/47363\/revisions\/47365"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=47363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=47363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=47363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}