The hedge fund industry experienced USD30.5 billion in inflows in January, a strong start to the year following a December that saw nearly balanced flow activity with USD42.6 million in redemptions, according to the Barclay Fund Flow Indicator from BarclayHedge.
January’s inflows represented 0.8 per cent of industry assets.
A USD9.5 billion trading profit in January brought total hedge fund industry assets to nearly USD3.91 trillion as the month ended.
Most hedge fund sectors brought in new assets in January. Fixed Income funds led the way bringing in USD10.1 billion while Sector Specific funds added USD9.5 billion. Multi-Strategy funds saw USD6.8 billion in inflows in January, Emerging Markets – Asia funds brought in USD4.9 billion and Emerging Markets – Global funds added USD3.5 billion.
Sectors experiencing net redemptions in January included Macro Funds shedding USD5.7 billion, Equity Long Bias funds with USD2.5 billion in outflows, Equity Market Neutral funds with USD2.3 billion in redemptions and Equity Long/Short funds which saw USD1.4 billion exit.
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