Wed, Oct 1, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds attract $50bn in five months and return 0.20% in May, 3.89% year to date

Wednesday, June 12, 2013

Beverly Chandler, Opalesque London: The May report from Eurekahedge shows that hedge funds witnessed the seventh consecutive month of positive returns in May, despite mixed returns in global markets. The Eurekahedge Hedge Fund Index was up 0.20% during the month, 3.89% year to date, against the backdrop of the MSCI World Index which was down 0.45% in May.

Eurekahedge’s key highlights for May 2013 included:

  • Hedge funds witnessed the fifth consecutive month of net allocations and seventh consecutive month of positive returns - up 3.89% year-to-date
  • Total asset flows for 2013 currently stand at $50bn with total size of the industry at $1.87tln
  • Asia ex-Japan hedge funds outperformed underlying markets for three consecutive months - up 3.26% since end-February
  • Eurekahedge is currently tracking almost 500 funds that have delivered more than 15% year-to-date and 250 funds that are up by over 20% year-to-date
  • Distressed debt funds extended winning streak to 11 consecutive months, gaining 21% since end-June 2012
  • CTA/managed futures funds declined by 1.69% in May 2013

In terms of the regional indices, Eurekahedge found that May started off on a good note with positive economic data from the US, leading to rallies in global equity markets, specifically in North America where market indices reached all-time highs. The firm writes: "The US dollar strengthened against most major cur......................

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. Socially responsible investments grow in demand, but performance questions persist[more]

    Komfie Manalo, Opalesque Asia: A study by financial services firm TIAA-CREF showed that interest in socially responsible investing (SRI) is increasing rapidly, but investors are still asking if investing in an SRI strategy

  2. Regulatory - Ireland launches structure for passporting loan origination funds within EU[more]

    From Asiaasset.com: The Irish Funds Industry Association (IFIA) has introduced new loan origination capabilities that will offer Asian managers and investors a new structure under the European Union’s (EU’s) Alternative Investment Fund Managers Directive (AIFMD). The new structure will allow the mar

  3. Europe - Ed Miliband's war on hedge funds could damage City of London[more]

    From Telegraph.co.uk: Ed Miliband’s plans to wage war on hedge funds could be potentially more damaging to the City of London than even the financial transaction tax (FTT), senior banking sources warned on Tuesday night. The Leader of the Opposition took aim at a number of industries as part of his

  4. News Briefs - SEC probes Pimco ETF over pricing irregularities, BEPs: Action plan released and UK first to adopt country-by-country reporting[more]

    SEC probes Pimco ETF over pricing irregularities The Securities and Exchange Commission is investigating Pimco’s pricing of exchange traded funds, the latest cloud to hang over the world’s largest bond manager, which has been dogged by poor performance and management infighting. Pimco on

  5. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is