WEST PALM BEACH, FL (HEDGECO.NET) – With the current difficult hedge fund investment market, a new poll conducted by Reuters in conjunction with LJH has found that during the second quarter, hedgefund investors more closely screened their potential hedge fund investments. The survey examined 38 international hedge fund investment firms, covering both the US domestic as well as offshoremarkets.
The study found that hedge fund investors were pulling out their assets from strategies which they deemed more risky, and investing in less risky instruments. Strategies such as emerging markets and global macro strategies experienced a net outflow of assets during the second quarter, while equity funds benefited from new asset inflows. There is also significant investor interest in the fund of funds categories, which became the single biggest investor in hedge fund vehicles with over US$414 million in hedge fund allocations during the second quarter according to the survey.
The 38 companies included in the survey invested about US$781.9 million into hedge funds according to the poll. Of this total, US$426.8 million was devoted to equity funds, which became the most favored strategy during the said quarter. The second preferred strategy was convertible arbitrage according to the poll; this strategy gained US$143 million during the same period.
A similar study conducted by Reuters and LJH during the first quarter showed that emerging markets were the most popular strategies at that time, gaining over US$2 billion of new investor assets during that quarter.
Paul Oranika
Editor-in-Chief
HedgeCo.Net
Email: [email protected]
HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on www.hedgeco.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!
Be sure to check out our sister sites. www.hedgefundlounge.com, www.hedgefundtools.com, and www.hedgefundemployment.com.
