Wed, Aug 27, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Eurekahedge reports hedge funds up 0.71%in March, 2.98% year to date with Japanese hedge funds up 10.78% in the first quarter

Wednesday, April 10, 2013

Beverly Chandler, Opalesque London: The Eurekahedge Hedge Fund Index was up 0.71% during March, against the MSCI World Index return of 1.76%.

Key highlights for March 2013 included:

  • Early reports indicate positive asset flows to hedge funds in March; 1Q 2013 witnessed positive asset flows of $20bn
  • Japanese hedge funds witnessed the strongest quarter on record, up 10.78% in 1Q 2013
  • Launch activity picks up in 2013 with nearly 200 funds launched so far in the year
  • Asia ex-Japan and European hedge funds outperformed underlying markets by 2.3% and 0.41% respectively
  • Distressed debt and event driven were the best performing strategies in 1Q 2013, up more than 5% each year-to-date
Eurekahedge reports that the asset-weighted Mizuho-Eurekahedge Asia ex-Japan Index grew 6.35% in the first quarter of 2013.

Regionally, Eurekahedge reports that North America witnessed a continuation of the rally in equity markets amid positive economic data, while Japanese stocks also extended their winning run with further devaluation of the yen. European markets underperformed during the month as concerns over the region’s sovereign debt situation resurfaced due to Cyprus’ banking crisis and questions over its bailout.

The firm writes: "Returns were mixed among the various hedge fund regions with Japanese managers posting the strongest returns during the month. The Eurekahedge Japanese Hedge Fund......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added

  3. Hedge fund assets decline in July - eVestment[more]

    Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion

  4. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  5. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest