New York (HedgeCo.Net) The flow of assets for hedge funds showed an inflow of $950 million in April after an outflow of $750 million in March. A press release last week from BarclayHedge and TrimTabs Investment research revealed the inflow.

“Investors have been showing less interest in hedge funds even though the industry’s performance has improved lately,” said Sol Waksman, president and founder of BarclayHedge. “Hedge funds redeemed $13.8 billion in the first four months of 2015, a strong turnabout from the same period last year, when they hauled in $65.6 billion.”

The press release also showed that their hedge fund index gained 1.1% in April which was slightly better than the 0.9% gain posted by the S&P 5oo. In terms of the performance of the different categories of funds, the emerging market segment was the top performer. “Emerging Markets funds rose 5.0% in April, the best returns among the thirteen categories we track,” said Waksman. “Multi-Strategy funds had the strongest inflows in April, taking in $2.5 billion.”

The release also included information from the TrimTabs/BarclayHedge Hedge Fund Sentiment Survey. According to this report, hedge funds as a whole became more bullish in May, but neutral sentiment hit an eight month high. Like we saw with the HedgeCoVest composite models becoming less bullish on oil and gas stocks, the report showed an increase in bearish sentiment toward crude oil.

Rick Pendergraft
Research Analyst
HedgeCoVest