Sun, Aug 2, 2015
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. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  3. Other Voices: Same day reporting and the evolving role of fund administrators[more]

    By: Scott Price, Head of Business Development and Client Management for North America, Maitland Ernst & Young’s latest glob

  4. Cowen Group, Inc. to acquire Conifer Securities[more]

    Cowen Group, Inc. and Conifer Securities, LLC had announced the signing of a definitive agreement under which Cowen will acquire Conifer Securities, the prime services division of Conifer Financial Services LLC. The transaction, the terms of which have not yet been disclosed, was approved by the boa

  5. Cargill’s Black River Asset to shut down four hedge funds[more]

    Komfie Manalo, Opalesque Asia: Cargill Inc.’s $7.4 billion Black River Asset Management said it was closing four hedge funds with a combined $ 1 billion in assets and start returning investors money over the next several months, various media said. The hedge funds represent 15% of Black River’

 

banner