Sun, Apr 19, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

90% of hedge funds outperformed underlying markets in January

Wednesday, February 19, 2014

Komfie Manalo, Opalesque Asia:

Hedge funds surpassed the MSCI World Index by over 3% in January, with almost 90% of fund managers outperforming underlying markets during the month, said data tracker Eurekahedge in its February report.

However, the benchmark Eurekahedge Hedge Fund Index was down 0.48% last month, while the MSCI World Index declined 3.74% during the same period. Total assets under management decreased by $4bn in January – the sector witnessed performance-based losses of $5.92bn while registering net asset flows of $1.92bn. The total size of the industry now stands at $2.01tln, Eurekahedge said.

"Fund of hedge funds outperformed underlying single managers for the first time ever, up 8.09% in 2013 - and their best performance in the last four years," Eurekahedge said in the report. It added, "Final figures for 2013 put the growth in global hedge fund AUM at $240bn – with performance-based gains and net asset inflows for the year at $103bn and $137bn respectively.

The report added that long/short equities hedge funds recorded their 14th consecutive month of positive net-flows as investors allocated $4.4bn to the strategy last month.

CTA/managed futures strategy recorded net outflows of $7.9bn in the second half of last year as trend following strategies ended 2013 in negative territory.

Geographically, hedge funds investors in developed markets fa......................

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. Tiger Global falls 2.9% in March, down 5.3% in Q1[more]

    From Reuters.com: Investment firm Tiger Global Management, one of the hedge fund industry's most closely watched players, told clients that its hedge fund lost 5.3 percent during the first quarter, an investor said on Wednesday. Much of the decline came in March when the fund lost 2.9 percent,

  2. It’s not just hedge funds—IMF study finds stability risks from ‘vanilla’ funds[more]

    From MarketWatch.com: Leveraged hedge funds and banklike money-market funds are the parts of the asset-management industry most associated with risks to financial stability. But a report from the International Monetary Fund suggests that “plain-vanilla” mutual funds and exchange-traded funds also ca

  3. Hedge funds gain 2.4% in Q1 driven by currency and commodity markets[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted positive results last March to conclude a strong first quarter, with performance driven by strong macro trends in currency and commodity markets, complemented by broad-based gains and positioning in event driven, equity hedge and fixed income-b

  4. Hedge funds looking to continue their rally in Q2[more]

    Komfie Manalo, Opalesque Asia: Hedge funds finished the first quarter on a strong note and are looking to continue the rally in the second quarter, said Lyxor Asset Management in its Weekly Brief. The Lyxor Hedge Fund Index is up 0.4% over the week

  5. Hedge funds down -0.17% in March (+1.23%YTD)[more]

    Bailey McCann, Opalesque New York: The hedge fund industry produced an aggregate return of –0.17% in March to end Q1 2015 up 1.23%, compared to the S&P 500 which increased 0.96%, according to the latest data from eVestment. Hedge fund performance returns were mixed in March amid increased equity

 

banner