|
Opalesque Industry Update – The Dow Jones Credit Suisse Hedge Fund Index finished down 0.40% in June, as announced on Monday (Dow Jones Credit Suisse Hedge Fund Index down 0.40% in June (+2.20% YTD)). A new monthly commentary offers insight into hedge fund performance through the month of June. Some key findings from the report include: Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished May down 0.40%, with 5 out of 10 strategies in positive territory; In total, the industry saw estimated outflows of approximately $2.53 billion in June, bringing overall assets under management for the industry to approximately $1.73 trillion; The Equity Market Neutral and Fixed Income Arbitrage sectors experienced the largest asset inflows on a percentage basis in June, with inflows of 0.93% and 0.43% from May 2012 levels, respectively; Long/Short Equity funds posted positive performance as June was somewhat of a “risk-on” month and select Bank exposure performed positively as Financials, in general, were positive; and Event Driven funds generated overall negative performance in June against the continued backdrop of an uncertain economic environment. While M&A activity experienced a slight decline in newly announced transaction volume in June, credit strategies generated gains during the month due to supportive technical conditions and improved risk appetite from investors. (press release) Industry commentaries and publications are available in the "News" section of our website, www.hedgeindex.com. Click here to view the full report which includes an overview of May hedge fund performance, in-depth commentary on individual hedge fund sectors and hedge fund return dispersion. Bg |





RSS










