BarclayHedge Blog: TrimTabs/BarclayHedge Survey of Hedge Fund Managers

Friday, April 15, 2011

TrimTabs/BarclayHedge Survey of Hedge Fund Managers - March Survey

The topical study from the April 2011 issue of The Hedge Fund Flow Report. Gain insight into industry trends and hedge fund asset flows before you make your next important decision.

Hedge fund managers remain bearish on U.S. equities, albeit less so than in February. About 36% of the 77 managers we surveyed are bearish on the S&P 500, down from 40% last month, while only 28% are bullish, up from 26%.

Overall bearish sentiment notwithstanding, hedge fund managers are not willing to bet big against U.S. equities. NYSE short interest decreased 73 million shares to about 3.3% of shares outstanding in the first half of March. Short interest sits at its lowest level since November 2007.

Hedge fund managers are not willing to cut back on risk. About 18% aim to lever up in the next month, while 14% plan to decrease leverage. Managers reported an interest in increasing leverage in each of our past 10 surveys and NYSE margin debt increased in each of the past eight months . . .

Accredited investors can read the entire article for free. From the April 2011 issue of The Hedge Fund Flow Report. The Hedge Fund Flow Report combines the accuracy of the BarclayHedge database with the analytical insight of TrimTabs Investment Research. The report is generated by TrimTabs Investment Research using the most current data on thousands of hedge funds. An annual subscription includes 12 monthly updates as well as a spreadsheet containing historical flow aggregates by category. To download a free sample of the entire TrimTabs Hedge Fund Flow Report, simply fill out this short request form.

Labels: CTA, flows into hedge funds, Hedge Fund Flow Topical Study