September Hedge Fund Redemptions Continue into Fourth Straight Month

November 22, 2019 | Hedge Funds, Investments, News

Investors pulled net $14.7 billion from HFs in September.

Hedge fund redemptions continued for the fourth straight month in September. BarclayHedge says that investors’ redemptions hit net $14.7 billion in September. The figure comprised 0.5% of total hedge fund assets.

The Barclay Fund Flow Indicator shows that total hedge fund assets stood at $3.05 trillion at the end of the month. This figure includes the $9.1 billion in profit earned by hedge funds in September.

The group says that ongoing economic worries fueled the outflows during the month. The United States, Europe, United Kingdom, and China all experienced outflows in September. The U.S. hedge funds saw redemptions totaling $1.3 billion for the period.

Reactions to Hedge Fund Redemptions in September

Meanwhile, in a press release, Sol Waksman, president of BarclayHedge, discussed the narrative around the redemptions.

“The story of the summer seemed to be that every positive bit of economic news was offset by a worrisome report or event,” said Waksman. “Equity markets were buoyed by anticipation of a Fed rate cut one day, then rattled by fears of heightened US-China trade tensions the next. Brexit uncertainty may have become a familiar refrain, but familiarity makes it no less a concern for UK hedge fund investors. Meanwhile, manufacturing downturns in the US, China, the U.K., and the Eurozone prompted concerns about a slowing global economy.”

Related: eVestment: August 2019 Redemptions Top $6.5 Billion

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Alt Insights

January 16, 2020

ESG: Lately-turned Tesla Bull Jim Cramer Adds Fink To The Mix

ESG: Lately-turned Tesla Bull Jim Cramer Adds Fink To The Mix
Shape

Latest Alternative Investment News

Digital Assets: In Reforms Push, China Mulling Rules for New Digital Banks, Including by Foreigners
January 17, 2020     Digital Assets, Regulations

China is working on guidelines for the establishment of online-only banks. Chinese regulators are pushing for the establishment of new, 100% digital banks to reduce risk in the country’s financial…

ESG: Cerulli Report Says 2020 To Be “Pivotal” For Retail ESG Investing
January 17, 2020     ESG and Sustainability, Special Reports

New regulations, products, and money will make 2020 a banner year for ESG in Europe Sustainable and responsible investing around the themes of Environment-Social-Governance (ESG) will come into its own…

The DailyAlts Playbook: Short Strategies for Tesla and Apple, where Ken Griffin was on Wednesday, Kyle Bass’ Hong Kong Worries, and the GAO’s Statement on Donald Trump
January 17, 2020     Investments, News, The DailyAlts Playbook

Today, the DailyAlts Playbook talks about short strategies for Tesla and Apple,  where Ken Griffin was on Wednesday, Kyle Bass’ Hong Kong worries, and the GAO’s statement on Donald Trump.

Private Equity: KKR Outlook 2020 Suggests Volatility Ahead
January 17, 2020     Investments, News, Private Equity

Private equity leader KKR released its latest macro outlook this week. Head of Global Macro & Asset Allocation Henry McVey outlines where KKR thinks the best opportunities will be this…