Mon, Apr 24, 2017
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. Universities looking to defend endowments from Republican tax plan[more]

    From PIOnline.com: Some of the richest U.S. colleges are pushing back against scrutiny by Congress over the tax-exempt status of university endowments. Lobbying disclosure forms show almost two dozen schools such as Princeton University, University of Notre Dame and Cornell University are including

  2. Activist News - GAM touts 'tangible results' of turnaround as activist fight hots up, Bill Ackman not done with Herbalife, says his fight could get legs in May, Activist hedge fund CIAM says Euro Disney's buyout offer not fair for minority investors[more]

    GAM touts 'tangible results' of turnaround as activist fight hots up From FNLondon.com: GAM, the Swiss asset manager at the center of an attempted boardroom putsch by activist hedge fund RBR Capital, said its first-quarter results amounted to "tangible" proof that its management's plan f

  3. Investing - Hedge fund Ecofin says EDP bid for renewable energy unit 'egregiously low', Asia CIOs say "non" to Europe, Billionaire Mike Novogratz says he has 10% of his money in Bitcoin and Ether[more]

    Hedge fund Ecofin says EDP bid for renewable energy unit 'egregiously low' From Reuters.com: London hedge fund firm Ecofin said an offer from Portugal's largest company EDP to buy 22.47 percent of subsidiary EDP Renovaveis "significantly undervalues" the company, in a letter to EDPR's bo

  4. Aris Wealth' quant indices fare well[more]

    Benedicte Gravrand, Opalesque Geneva: Last year, Geneva-based Aris Wealth Management launched indices sponsored by Societe Generale Corporate & Investment Banking. These indices replic

  5. Opalesque Exclusive: Gold Sail diversifies into PE and real estate[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The five Purdue University students who set up a hedge fund last year have become four and have diversified int