Wednesday, May 8, 2013

 

TrimTabs and BarclayHedge Report Hedge Funds Receive Meager $817 Million in March; Hedge Fund Industry Underperforms S&P 500 by 252 Basis Points in March

New York, NY — May 8, 2013 — BarclayHedge and TrimTabs Investment Research reported today that hedge funds took in a net $817 million (0.04% of assets) in March, building on an inflow of $11.4 billion in February. The results are based on data from 3,409 funds.

“The hedge fund industry continues to struggle with performance relative to the S&P 500,” said Sol Waksman, president and founder of BarclayHedge. “The industry delivered a return of 1.1% in March, less than one-third of the S&P 500’s 3.6% rise. Although hedge funds delivered positive returns in 10 of the past 12 months, they trailed the S&P 500 by 450 basis points."

Read the entire TrimTabs Asset Flows into Hedge Funds Press Release by clicking here.

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