Sun, Apr 20, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Hedge funds post excellent returns in September, investor flows remain positive

Friday, October 08, 2010
Opalesque Industry Update: Early reported figures indicate September was one of the best months for hedge fund performance in the last decade.

Below are early estimates for September 2010 hedge fund performance and asset flows. A full report will be available later in the month.

September Highlights:
The HFN Hedge Fund Aggregate Index was +3.83% in September and +5.64% in the first nine months of 2010. The S&P 500 Total Return Index (S&P) was +8.92% in September and +3.89% YTD.

Hedge fund assets increased an estimated +3.12% in September to $2.338 trillion. Performance accounted for an estimated net increase of $65.24 billion and net investor flows added an additional $5.49 billion.

September was the third month in a row of net investor inflows 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. The surge in equity markets and rising commodity prices drove positive hedge fund returns in September. Fixed income strategies lagged in September, but were mostly positive. Emerging market focused funds performed very well, led by China and India focused funds. India funds are the best performing country specific group in 2010, +16.94%.

Long-biased equity strategies returned an average of +6.57% in September and natural resource focused commodity strategies were +3.76%.

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

(Press release)

Full performance charts available: Source
-KM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
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. Opalesque Exclusive: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. CTAs could face new challenges in a rising rates environment[more]

    Bailey McCann, Opalesque New York: CTAs have taken a beating performance wise lately, and asset flows reports show that investors aren't sticking around to see how the movie ends. Now, a new white paper from Roy Niederhoffer and Coen Weddepohl notes that as interest rates start to tick back u

  3. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  4. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A

  5. Commodities – Popular value fund manager David Iben bets on Russia, gold,[more]

    From Reuters.com: With large bets on Russia and North American gold miners, one of the best performing stock pickers in the wake of the 2008 financial crisis is back with a new fund that reflects his deep aversion to following the crowd. In the Kopernik Global All-Cap Fund, David Iben is follo