{"id":6213,"date":"2007-06-19T00:00:00","date_gmt":"2007-06-19T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-event-driven-hedge-funds-see-record-inflows","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2007\/hedge-funds-event-driven-hedge-funds-see-record-inflows.html","title":{"rendered":"HedgeFunds; Event-Driven Hedge Funds See Record Inflows"},"content":{"rendered":"<p>  MarketWatch- Event-driven and short-selling hedge funds pulled in a record amount of money during the first quarter, according to a report released by Lipper on Monday.<\/p>\n<div class=\"p\">  Event-driven managers saw record net inflows of $9.83 billion in the quarter and now oversee $244 billion in assets, Lipper found.<\/div>\n<div class=\"p\">  &nbsp;<\/div>\n<div class=\"p\">  Many event-driven hedge funds bet on the outcome of mergers and acquisitions. A buyout boom this year has helped boost performance and attract more investors, said Ferenc Sanderson, a senior  research analyst at Lipper.<\/div>\n<div class=\"p\">  &nbsp;<\/div>\n<div class=\"p\">  Short-biased hedge funds, which bet on falling prices, also attracted record investor interest in the first quarter, albeit from a much lower asset base. These managers saw net inflows of more than  $215 million in the period, a record, and now oversee $3.1 billion in assets, Lipper found.<\/div>\n<div class=\"p\">  &nbsp;<\/div>\n<div class=\"p\">  &#8220;When you have markets in the U.S. and elsewhere hitting record highs, then there&#8217;ll be a tendency for money to go into those (short-biased) areas as a hedge more than anything else,&#8221; Sanderson  said.<\/div>\n<div class=\"p\">  &nbsp;<\/div>\n<div class=\"p\">  The previous record for inflows into short-biased hedge funds was during the first quarter of 2000, when managers took in a net $183 million, Lipper noted. That was right as the dot-com stock  market bust began.<\/div>\n<p>  &nbsp;<br \/>  <strong><a href=  \"http:\/\/news.google.com\/news\/url?sa=T&amp;ct=us\/5-0&amp;fd=R&amp;url=http:\/\/www.marketwatch.com\/news\/story\/hedge-funds-event-driven-funds-see\/story.aspx%3Fguid%3D%257B1A395BE7-7213-4B49-A8D2-9C3965442015%257D%26dist%3Dhplatest&amp;cid=0&amp;ei=P5F3Rtv5EZLe0QH47-Qv\">  Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MarketWatch- Event-driven and short-selling hedge funds pulled in a record amount of money during the first quarter, according to a report released by Lipper on Monday. Event-driven managers saw record net inflows of $9.83 billion in the quarter and now [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6213","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6213","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=6213"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6213\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=6213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=6213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=6213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}