News & Events

The Eurekahedge Report - February 2017

February 2017 | Eurekahedge


The benchmark Eurekahedge Hedge Fund Index was up 0.87% in January, while the MSCI World Index was up 1.49% over the month. Total assets under management increased by US$2.49 billion during the month as the sector witnessed performance-based increase of US$1.29 billion while registering net asset inflows of US$1.19 billion. The total size of the industry now stands at US$ 2.23 trillion.

Asset Flows Update

February 2017 | Eurekahedge


The Eurekahedge Hedge Fund Index was up 0.87% in January while underlying markets as represented by the MSCI World Index gained 1.49% over the same period. Among regional mandates, Latin American managers led the table, up 3.73% during the month followed by Asia ex-Japan managers who increased by 1.93%. Across strategies, event driven hedge funds led the table with gains of 2.02% followed by long/short equities hedge funds which increased by 1.65%.

Hedge Fund Performance Commentary

February 2017 | Eurekahedge


Hedge funds started the year on a positive note, up 0.87% during the month of January. Meanwhile, underlying markets as represented by the MSCI AC World Index (Local) gained 1.49% over the same period. Among regional mandates, Latin American hedge fund managers topped the tables, gaining 3.73% while event driven managers posted the best returns, up 2.02% among strategic mandates.

2016 Roundup - Equity Focused Hedge Fund Strategies

February 2017 | Eurekahedge


Equity focused hedge fund strategies have seen their assets under management (AUM) grow from US$460.2 billion since end-2009 to US$778.0 billion as of January 2017 through a combination of performance-based gains and investor allocations over the years. Having recorded six consecutive years of asset growth between 2010 to 2015, long/short equity hedge fund AUM contracted for the first time in 2016, declining by 2.56% on the back of steep investor redemptions totalling US$29.1 billion. Performance-based gains were the lowest on record in the last five years following losses in 2011. While 2017 has started on a positive note, with assets for long/short equity hedge funds approaching the US$800 billion mark, the year holds much uncertainty in store.

2016 Overview: Key Trends in Long-Only Absolute Return Funds

February 2017 | Eurekahedge


Absolute return funds have had an impressive year in 2016, gaining 7.61%, well ahead of underlying markets and hedge fund peers which were up 7.33% and 4.46% over the same period respectively. Major global equity markets have ended the year in positive territory, supporting the performance of absolute return managers. Among regional mandates, North American absolute return managers topped the table in 2016, gaining 13.70% followed by their emerging markets mandated absolute return peers which gained 9.41% over the same period.

Long-Only Absolute Return Funds Infographic February 2017

February 2017 | Eurekahedge


Absolute return funds have had an impressive year in 2016, gaining 7.61%, well ahead of underlying markets and hedge fund peers which were up 7.33% and 4.46% over the same period respectively. Major global equity markets have ended the year in positive territory, supporting the performance of absolute return managers. Among regional mandates, North American absolute return managers topped the table in 2016, gaining 13.70% followed by their emerging markets mandated absolute return peers which gained 9.41% over the same period. Across strategic mandates, value-investing managers gained 13.16% followed by bottom-up investing managers with gains of 8.00% for the year.

2016 Overview: Key Trends in Islamic Funds

February 2017 | Eurekahedge


The Islamic finance industry is a niche market predominantly serving the needs of the world’s Muslim population. Products marketed under the umbrella of Islamic finance comply with a different investment philosophy as opposed to traditional investment philosophy which the rest of the world are familiar with. Under a Shariah-compliant framework, transactions which are considered to be unethical under Islamic law are prohibited and instead, fund managers invest in products which are compliant with Islamic guidelines. Islamic financial products are accessible to all investors, some of whom choose to allocate into Islamic funds for purposes of portfolio diversification or their preference in investing in products which deemed as socially responsible. In recent years, Islamic finance has been catching on with traditional finance institutions as international banks have expanded into providing Islamic finance services. As the use of derivatives, options and futures are deemed to be speculati

Interview with Maciej Wisniewski, Founder and Portfolio Manager at Macromoney

February 2017 | Eurekahedge


Maciej Wisniewski is the Founder and Fund Manager of Macromoney and has full oversight of all company operations. Maciej has 20 years of experience in investments management and in successfully setting up investment funds.