The four funds are the BlackRock Scientific Global Markets Fund, Aspect Diversified Futures Fund, Man AHL Alpha Fund and Winton Global Alpha Fund. "The distribution of ratings in the 2010 review has a distinct positive skew due to our focus on reviewing a selective list of high-quality offerings, rather than just rating a large number of products," Lonsec senior investment analyst Lin Ngin said.
While retail fund inflows across the range of funds rated in the review had generally been flat, Ngin said managers researched by Lonsec had reported greater interest in hedge fund products from institutional clients.
"Although we have seen signs of life in this sector, with US$13.7 billion of inflows into the global hedge fund industry in the first quarter of 2010, this is still substantially lower than the US$100 billion plus per annum in inflows from 2002-07," he said.
