Tue, Oct 6, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Eurekahedge Hedge Fund Index up 1.58% in April, assets gained $52bn

Wednesday, May 25, 2011
Opalesque Industry Update - Hedge funds recorded the tenth consecutive month of positive returns in April as the Eurekahedge Hedge Fund Index gained 1.58%. Most regional hedge funds ended the month with positive returns while Japanese managers delivered downside protection and outperformed their underlying market indices. The industry attracted $28.33 billion in net asset flows while performance based growth was $23.97 billion. Total assets under management increased by US$52.30 billion to cross the US$1.8 trillion mark by the end of April.

Highlights of hedge fund performance and asset flows for the month are as follows:

  • Hedge funds see tenth consecutive month of positive returns, gaining 13.48% over this period.
  • Total industry assets cross US$1.81 trillion for the first time since the financial crisis.
  • Net flows in the first four months now exceed total net flows for whole of 2010 ($93.9bn April 2011 YTD vs. $66bn in 2010).
  • CTA/managed futures funds up 3.12% in April.
  • Funds of hedge funds see first quarter of net positive asset flows since 1Q 2008.
  • Asian hedge funds witness twelve consecutive months of net positive asset flows.
  • Long/short equity funds have attracted US$30.7 billion April YTD.
  • Launch activity remains strong with more than 200 funds launched so far in the year.
  • Assets in event driven hedge funds crossed US$200 billion mark (for the first time or to reach historical highs).
  • 43% of FoHFs investors are planning to increase allocations to event driven strategies over the next 3 months...
  • ...while 34% are planning to increase their exposure to Asia ex-Japan strategies.

The full May report by Eurekahedge can be downloaded here: Source

- FG

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. Performance - Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in September, Risky strategy sinks small hedge fund[more]

    Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in September From Reuters.com: Billionaire stock pickers David Einhorn, Daniel Loeb and Barry Rosenstein on Wednesday told their wealthy investors they lost money in September as market turmoil inflicted more pain on some of America'

  2. Opalesque Exclusive: IRAs represent billions of untapped capital for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: Retirement accounts might not be the first source that comes to mind for those looking to raise funds, but they may represent billions of untapped capital. Unlike traditional retirement accounts,

  3. Opalesque TV: One way to access market hedge funds in the EU under the AIFMD radar[more]

    Benedicte Gravrand, Opalesque Geneva: While the Cayman Islands, the US and Hong Kong await the pan-European marketing passport to be extended to alternative investment fund

  4. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  5. Vilas’ equity long bias hedge fund generates market-beating results[more]

    Komfie Manalo, Opalesque Asia: The Vilas Fund, an equity long bias fund managed by Chicago, Illinois-based Vilas Capital Management, posted five-year annualized returns, net of fees, of 23.47% vs. 15.87% for the S&P 500 Index, including divid