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Hedge fund allocations soar

Hedge fund allocations soar

The hedge fund industry continued to attract new assets in August with USD30.5 billion in inflows. August’s inflows represented 0.69 per cent of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions.

FUND PERFORMANCE

Brummer Multi-Strategy ends August in red, as flagship adds financials-focused long/short hedge fund

Brummer Multi-Strategy ends August in red, as flagship adds financials-focused long/short hedge fund

Brummer & Partners’ flagship multi-strategy vehicle slipped into the red during August, with all but two of its underlying managers posting losses during the month. The slide comes as the Stockholm-based fund began allocating capital to Kersley Financials, a new financials-focused long/short equity strategy, on 1 September.

FUND PERFORMANCE

Hedge funds’ quarterly returns more than double as industry resurgence receives “strong vote of confidence”

Hedge funds’ quarterly returns more than double as industry resurgence receives “strong vote of confidence”

Hedge funds’ returns more than doubled from Q1 to Q2, as commodities-focused managers powered ahead on the back of the spring oil price surge, and larger funds’ gains outweighed smaller funds’ performance, new analysis by hedge fund asset administrator Citco shows.