Sat, Feb 28, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Investor Interest in Hedge funds was strong again in August – performance positive, supported by fixed income and commodity strategies

Friday, September 10, 2010
Opalesque Industry Update - Below are early estimates for August 2010 hedge fund performance and asset flows. A full report will be available later in the month.

August highlights:
• The HFN Hedge Fund Aggregate Index was +0.41% in August and +2.16% in the first eight months of 2010. The S&P 500 Total Return Index (S&P) was -4.51% in August and -4.63% YTD.

• Hedge fund assets increased an estimated +0.86% in August to $2.268 trillion. Investor flows accounted for an estimated net increase of $6.92 billion, the third highest monthly net investor inflow in 2010. Performance added an additional $12.48 billion.

• Net investor flows in August were positive for the second positive month in a row following the industry’s first net outflow of 2010 in June. The continuation of net inflows is an important sign of support as the trend in the first half of the year was of declining rates of growth.

• Fixed income and commodity focused funds’ returns supported aggregate hedge fund performance in August. Funds investing in mortgage related securities and those with long exposure to precious metals performed best.

• Long-biased equity strategies lagged aggregate hedge fund returns in August, but the HFN Long/Short Equity Index outperformed the S&P by a large margin. Funds investing in the technology sector produced the best sector specific equity performance in August while healthcare funds trailed.

• Emerging market fund returns were mixed and aggregate returns were negative due to losses in EM equity funds.

HFN’s full August report, to be released in the third week of September, will provide details on high water marks and asset flows by strategy and region.

website: (www.hedgefund.net)
KM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Investing - Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched, Myriad hedge fund sold bulk of its Alibaba stake last year[more]

    Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched From Valuewalk.com: As hedge fund manager Seth Klarman, leader of the $28 billion Baupost Group, reviews 2014 performance and considers investors gained near 7 percent on the year, he cons

  2. Adamas Asset Management and Ping An Insurance to co-manage $500m debt fund[more]

    Komfie Manalo, Opalesque Asia: Hong Kong-based Adamas Asset Management and Ping An Insurance Group, one of China’s largest financial institutions, have finalized a memorandum of und

  3. Opalesque Exclusive: dbSelect’s top ten FX strategies average almost 10% in January[more]

    Benedicte Gravrand, Opalesque Geneva: In one of Deutsche Asset & Wealth Management (AWM)’s hedge fund platforms, called dbSelect, a number of FX Strategies did very well in January. dbSelect is a managed investment platform for unf

  4. Opalesque Exclusive: SEC’s Mark J. Flannery warns hedge funds against valuation misconduct[more]

    Komfie Manalo, Opalesque Asia: Securities and Exchange Commission chief economist and director of Division of Economic and Risk Analysis (DERA) Mark J. Flannery has warned of the risks posed by market misconduct, particularly in the true valuation of assets by hedge fund managers. In his

  5. Dymon Asia's $3bn macro hedge fund lost 10.45% in January[more]

    From Reuters.com: Dymon Asia's $3.1 billion macro hedge fund lost 10.45 percent in January, performance data seen by Reuters showed, a month where many peers lost heavily after a surprise rise in the Swiss franc. Singapore-based Dymon, set up by Danny Yong, a former founding partner and chie