GUANGZHOU (Fund China) – Sub-loans crisis in the capital continued to flow to the hedge fund industry –

Financial market turbulence in the third quarters, while investment from the market mentality tends to be cautious, but investors still new subscription the 45.2 billion US dollars the United States hedge funds, the hedge funds will push the total scale of 1.81 trillion US dollars.

The Chicago-based Hedge Fund Research (HFR) Tuesday said that in the third quarter of the United States volatile hedge funds there has been no outflow of capital, enterprise annuity, donors and private investors to the additional 45.2 billion US dollars in new capital.

Although this figure compared to the previous two quarters 60.2 billion US dollars and 58.6 billion US dollars a slight decline in the scale, but still the first three quarters of the total amount reached 164 billion US dollars, more than the whole of last year hit 126 billion US dollars of the historical record.

The United States in the third quarter subscription of the new funds of hedge funds, nearly half – 22.5 billion US dollars, came from hedge funds. This year the hedge funds attracted 48 billion US dollars, making this the total assets of investment tools scale to a record 773 billion US dollars.

Investors still favor the largest hedge funds, event-driven strategy to attract funds in the third quarter of the 9.8 billion US dollars; Investors at the same time in the relative value arbitrage fund in the additional 9.2 billion US dollars; Hedge funds in the stock overweight 8.5 billion US dollars.

As secondary mortgage crisis Goldman’s Global Alpha, a number of large hedge fund investment losses, the third quarter of the hedge fund industry’s average rate of return is only 1.36%, over the past year quarter, the lowest rate of return.

“Despite the volatility of great performance, but there are also a typical case of redemption. But the entire industry capital flows is still positive. “HFR president Kenneth Heinz said in a statement,” flowing to the hedge funds and event-driven strategy of strong funds, the trip the industry also favor large companies, which are all in the continued accumulation of capital to the industry. “

Copyright Fund China 2009.

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