Sat, Jun 23, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Eurekahedge: Global hedge fund industry grew by $34.1bn in December to reach total of $1.67tn

Wednesday, January 19, 2011
Opalesque Industry Update - Highlights from this month’s Eurekahedge report are as follows:

- Hedge funds posted double-digit growth in 2010, up 10.93%, and outperformed underlying markets by 3.10%

- The global hedge fund industry grew by US$34.1 billion in December - total asset growth for the year stood at US$186.6 billion

- Total assets in the industry reach US$1.67 trillion and are on track to cross the historical high of US$1.95 trillion by end of 2011

- North America was the best performing hedge fund region in 2010 up 13.33% for the year and assets in North American hedge funds crossed US$1.1 trillion (67% of the total industry) for the first time since September 2008

- Japanese hedge funds posted their best annual returns in 5 years, up 8.43% in 2010, and crossed US$15 billion for the first time since 2008

- The Latin American hedge fund industry reaches a historical high of almost US$60 billion (Asia first reached US$60 billion in 2004 and went on to peak at US$ 176 billion 3 years later) - All regional and strategic hedge fund indices in the Eurekahedge index suite delivered positive returns for the second year running

- Distressed debt was the best performing strategy in 2010 and finished the year with gains of 20.78%

- More than 50% of total asset flows in 2010 (US$37.1 billion) went to long/short equity funds, which constitute 31.2% of the total industry

Source


Bg

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. Paper: The performance of stocks actively pitched by hedge funds[more]

    Using a novel dataset drawn from investment conferences from 2008 to 2013, I show that hedge funds take advantage of the publicity of these conferences to strategically release their book information to drive market demand. Specifically, hedge funds sell pitched stocks after the conferences to ta

  2. North America - US fundraising for special purpose acquisition vehicles hits record this year[more]

    From AFR.com: Special purpose acquisition vehicles (spacs) are hitting the US market at the fastest rate on record, attracting the likes of Goldman Sachs and hedge fund investor Daniel Loeb for the two largest such deals in 2018. Spacs have raised $US4.5bn so far in 2018, the largest amount fo

  3. Investing - Man Group and AQR try to take aim at private equity industry, Hedge funds poised to be winners in AT&T-Time Warner deal[more]

    Man Group and AQR try to take aim at private equity industry From FT.com: The popularity of private equity investments has prompted asset managers such as Man Group and AQR to devise strategies that aim to replicate PE returns but at a much lower cost to investors. Both companies a

  4. News Briefs: David Stemerman's hedge fund holdings shrank before his run for governor, nvestment manager TSW triggers succession plan, Alan Howard joins Peter Thiel investing in Cologne-based fintech startup[more]

    David Stemerman's hedge fund holdings shrank before his run for governor But the U.S. holdings of Stemerman's Greenwich hedge fund, Conatus Capital, shrank from $2.6 billion at the apex to just over $1 billion before he announced his move into politics. (Hartford Courant) Inv

  5. British Empire: Pershing's 23% discount 'unsustainable'[more]

    From Citywire: The wide discount on Pershing Square Holdings (PSH) is 'unsustainable' and puts star hedge fund manager Bill Ackman under pressure, says British Empire (BTEM). Pershing is the third largest holding in the £850 million British Empire trust, managed by Joe Bauernfreund, which sp