Tue, Apr 23, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Hedge funds up 5% YTD, with net asset inflows of $82bn

Tuesday, September 19, 2017
Opalesque Industry Update - Key highlights for August 2017, as seen in the newly released September 2017 Eurekahedge Report:

  • Hedge funds were up 5.12% year-to-date, registering performance-based gains of US$58.5 billion while seeing net asset inflows of US$81.9 billion as of 2017 year-to-date. Total hedge fund assets grew by US$140.45 billion over the past eight months with the industry's total assets currently standing at US$2.37 trillion.
  • In what is turning out to be the best year in terms of investor allocations since 2013, arbitrage, long/short equities and CTA/managed future strategies led in terms of net flows attracting with US$14.6 billion, US$13.7 billion and US$12.6 billion respectively as of 2017 year-to-date.
  • Across regional mandates, North American and European mandates combined have attracted US$72.5 billion in investor flows this year, following redemptions of US$49.7 billion in 2016.
  • Smaller funds managing assets in the range of US$100 million to US$500 million have raised almost US$26 billion this year, while the billion-dollar club has accounted for US$46 billion in inflows as investor appetite for hedge funds continues to improve.
  • Asian hedge fund managers outperformed their global peers in 2017 and have grown their asset base by US$13.6 billion this year, the strongest showing since 2013. On a year-to-date basis, Asia ex-Japan managers were up 14.02% with underlying Greater China and Indian managers up 19.25% and 20.92% respectively. Japan focused funds were up 6.28% over the same period.
  • Hong Kong-based Asian hedge funds led the table up 13.41% among key Asian hedge fund centers whilst Singapore and Japan-based Asian hedge funds are also in positive territory, up 9.59% and 5.24% respectively for the year. More on this in the 2017 Key Trends in Asian Hedge Funds report.
press release

Bg

For information about the report, please visit www.eurekahedge.com

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1