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Alternative Market Briefing

Opalesque Roundup: US dominates both investors and managers involved with hedge funds: hedge fund news, week 29

Monday, July 20, 2020

In the week ending July 17th 2020, reports said the United States accounts for three-quarters of Assets Under Management (AUM) across the globe in the hedge fund industry, said a study. Despite hedge fund activity in other regions globally expanding alongside that of the United States, the country accounts for 3,405 of the 5,523 institutional investors active in hedge funds and 3,319 of the 5,383 active hedge fund managers, said a report

BarclayHedge reported that hedge funds continued their positive ways in June, riding a continuing stock market recovery and reopening economies to a 2.04% monthly return.

Hedge funds gained an average of +2.07% in June, but year-to-date (YTD) average industry returns are still in the red at -3.37%. The second quarter was stronger for the industry, with 2Q 2020 average returns at +9.91%. Roughly 40% of the industry is producing positive results in 2020, with the average positive gain among that group of +9.12%. The average decline of those funds in the red is -10.85%.

In the meantime, the Eurekahedge Hedge Fund Index was up 1.38% in June, ......................

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