News & Events

Asset Flows Update

July 2018 | Eurekahedge


The Eurekahedge Hedge Fund Index was down 0.34% in June while underlying markets as represented by the MSCI World Index declined 0.21% over the same period. Regional mandates across the board with the exception of Australia/New Zealand mandated hedge funds ended the month in the red, with emerging markets, in particular Asia-focused strategies seeing the largest declines. Across strategies, event driven hedge funds led the table with gains of 1.17% followed by relative value hedge funds which were up 0.66%.

Asset Flows Update

June 2018 | Eurekahedge


The Eurekahedge Hedge Fund Index gained 0.33% in May while underlying markets as represented by the MSCI World Index were up 0.84% over the same period. Among regional mandates, North American managers posted the best gains, up 1.43% during the month followed by Asia ex-Japan hedge funds which saw gains of 1.26%. Across strategies, event driven hedge funds led the table with gains of 1.69% followed by long/short equities hedge funds which were up 1.09%.

Asset Flows Update

May 2018 | Eurekahedge


The Eurekahedge Hedge Fund Index gained 0.55% in April while underlying markets as represented by the MSCI World Index was up 1.18% over the same period. Among regional mandates, European managers posted the best gains, up 0.78% during the month followed by North American hedge funds which saw gains of 0.27%. Across strategies, distressed debt hedge funds led the table with gains of 1.12% followed by macro hedge funds with 0.84%.

Asset Flows Update

April 2018 | Eurekahedge


The Eurekahedge Hedge Fund Index declined 0.54% in March while underlying markets as represented by the MSCI World Index declined 2.21% over the same period. Among regional mandates, Latin American managers posted the best gains, up 0.81% while all other regional mandates languished into negative territory. Across strategies, distressed debt hedge funds led the table with gains of 5.74% followed by relative value hedge funds which were up 0.31%.

Asset Flows Update

March 2018 | Eurekahedge


The Eurekahedge Hedge Fund Index declined 1.62% in February outperforming underlying markets as represented by the MSCI World Index which fell 3.68% over the same period. Among regional mandates, Latin American managers led the table, up 0.66% during the month while other regional mandated funds languished into negative territory. Across strategies, distressed debt hedge funds led the table with gains of 1.32% followed by arbitrage hedge funds which were up 0.53%.

Asset Flows Update

February 2018 | Eurekahedge


The Eurekahedge Hedge Fund Index was up 2.20% in January while underlying markets as represented by the MSCI World Index gained 3.78% over the same period. Among regional mandates, Latin American managers led the table, up 4.47% during the month followed by Asia ex-Japan managers who were up 3.72%. Across strategies, CTA/managed futures hedge funds led the table with gains of 3.54% followed by long/short equities hedge funds which were up 2.37%.

Asset Flows Update

January 2018 | Eurekahedge


Hedge funds edged higher in the final month of the year, with the Eurekahedge Hedge Fund Index gaining 0.86% in December while underlying markets as represented by the MSCI World Index was up 1.19% over the same period. Among regional mandates, Latin American managers led the table, up 2.50% during the month followed by Asia ex-Japan managers who were up 1.41%. Across strategies, event driven hedge funds led the table in December with gains of 1.57% followed by multi-strategy hedge funds which were up 1.31%.

Asset Flows Update

December 2017 | Eurekahedge


The Eurekahedge Hedge Fund Index gained 0.32% in November while underlying markets as represented by the MSCI World Index was up 1.16% over the same period. Among regional mandates, Asia ex-Japan managers posted the best gains, up 1.53% during the month followed by Japanese and North American hedge funds seeing gains of 1.06% and 0.86% respectively. Across strategies, relative value hedge funds led the table with returns of 0.89% followed by long/short equities and multi-strategy hedge funds which were up 0.75% and 0.22% respectively, the only two strategies who posted 12 consecutive months of gains in 2017 as global equity markets continue to rally throughout the year.

Asset Flows Update

November 2017 | Eurekahedge


The Eurekahedge Hedge Fund Index was up 1.28% in October while underlying markets as represented by the MSCI World Index gained 2.56% over the same period. Among regional mandates, Asia ex-Japan managers led the table, up 2.82% during the month followed by Japanese managers who were up 1.77%. Across strategies, CTA/managed futures hedge funds led the table with gains of 2.66% followed by macro hedge funds which were up 1.72%.

Asset Flows Update

October 2017 | Eurekahedge


The Eurekahedge Hedge Fund Index gained 0.42% in September1 while underlying markets as represented by the MSCI World Index2 were up 2.17% over the same period. Among regional mandates, Japanese managers posted the best gains with 1.72% during the month followed by Asia ex-Japan and Latin American hedge funds with returns of 1.25% and 1.15% respectively. Across strategies, long/short equity hedge funds led the table with gains of 1.46% followed by event driven hedge funds, up 0.80%.

Asset Flows Update

September 2017 | Eurekahedge


The Eurekahedge Hedge Fund Index gained 0.73% in August while underlying markets as represented by the MSCI World Index, were up 0.15% over the same period. Among regional mandates, Latin American managers led the table, up 3.26% during the month followed by Asia ex-Japan managers who were up 1.50%. Across strategies, CTA/managed futures hedge funds led the table with gains of 1.24% followed by macro hedge funds which were up 1.04%.

Asset Flows Update

August 2017 | Eurekahedge


The Eurekahedge Hedge Fund Index grew 0.88% in July while underlying markets, as represented by the MSCI World Index, gained 1.64% over the same period. Among regional mandates, Latin American managers led the table, up 3.68% during the month followed by Asia ex-Japan managers who were up 2.45%. Across strategies, long/short equities hedge funds led the table with gains of 1.15% followed by CTA/managed futures hedge funds which were up 1.08%.

Asset Flows Update

July 2017 | Eurekahedge


The Eurekahedge Hedge Fund Index down 0.07% in June while underlying markets as represented by the MSCI World Index gained 0.18% over the same period. Among regional mandates, Asia ex-Japan managers led the table with growth of 1.29% during the month followed by Japanese managers who were up 1.05%. Across strategies, event driven hedge funds led the table with gains of 0.79% followed by relative value hedge funds which were up 0.61%.

Asset Flows Update

June 2017 | Eurekahedge


The Eurekahedge Hedge Fund Index was up 0.33% in May while underlying markets as represented by the MSCI World Index gained 1.09% over the same period. Among regional mandates, Japanese managers led the table, up 1.58% during the month followed by Asia ex-Japan managers who were up 0.93%. Across strategies, event driven hedge funds led the table with gains of 0.71% followed by long/short equities hedge funds with gains of 0.49%.

Asset Flows Update

May 2017 | Eurekahedge


The Eurekahedge Hedge Fund Index was up 0.64% in April while underlying markets as represented by the MSCI World Index gained 1.17% over the same period. Among regional mandates, Asia ex-Japan managers led the table, up 1.28% during the month followed by European managers who were up 1.10%. Across strategies, event driven hedge funds led the table with gains of 1.44% followed by long/short equities hedge funds which were up 1.05%.

Asset Flows Update

April 2017 | Eurekahedge


The Eurekahedge Hedge Fund Index was up 0.34% in March while underlying markets as represented by the MSCI World Index gained 0.79% over the same period. Among regional mandates, Asia ex-Japan managers led the table, up 2.02% during the month followed by European managers who were up 0.73%. Across strategies, long/short equities hedge funds led the table with gains of 1.06% followed by event driven hedge funds which were up 0.47%.

Asset Flows Update

March 2017 | Eurekahedge


The Eurekahedge Hedge Fund Index was up 0.97% in February while underlying markets as represented by the MSCI World Index gained 2.72% over the same period. Among regional mandates, Latin American managers led the table, up 2.75% during the month followed by Asia ex-Japan managers with 1.43%. Across strategies, distressed debt hedge funds were in the lead with 1.34% gains followed by event driven hedge funds with 1.26%.

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%.

Asset Flows Update

January 2017 | Eurekahedge


The Eurekahedge Hedge Fund Index grew 1.03% in December while underlying markets as represented by the MSCI World Index were up 2.38% over the same period. Among regional mandates, North American managers led the table, up 1.22% during the month followed by European managers with 1.07%. Across strategies, event driven hedge funds were in the lead with 1.65% gains followed by macro hedge funds with 1.32%.

Asset Flows Update

December 2016 | Eurekahedge


The Eurekahedge Hedge Fund Index gained 0.41% in November while underlying markets as represented by the MSCI World Index grew 2.88% over the same period. Among regional mandates, North American managers led the table, up 2.28% during November followed by Japan managers with 1.16% gains. Across strategies, event driven hedge funds led with 1.85% growth followed by distressed debt hedge funds which grew 1.69%.

Asset Flows Update

November 2016 | Eurekahedge


The Eurekahedge Hedge Fund Index declined 0.48% in October outperforming underlying markets as represented by the MSCI World Index which was down 1.38% over the same period. Among regional mandates, Latin American managers led the table, up 4.07% during the month followed by Japan managers who gained 2.28%. Across strategies, distressed debt hedge funds led the table with gains of 1.96% followed by fixed income hedge funds which were up 0.51%.

Asset Flows Update

October 2016 | Eurekahedge


The Eurekahedge Hedge Fund Index was up 0.48% in September while underlying markets as represented by the MSCI World Index grew 0.19% over the same period. Among regional mandates, Japan managers led the table up 1.27% during the month followed by North American managers who were up 0.93%. Across strategies, distressed debt hedge funds led the table with gains of 1.12% followed by event driven hedge funds with 0.86%.

Asset Flows Update

September 2016 | Eurekahedge


The Eurekahedge Hedge Fund Index was up 0.03% in August while underlying markets as represented by the MSCI World Index gained 0.48% over the same period. Among regional mandates, Asia ex-Japan managers led the table, up 1.26% during the month followed by Latin American managers who were up 0.71%. Across strategies, distressed debt hedge funds led the table 1.71% returns followed by event driven hedge funds with 1.42%.

Asset Flows Update

August 2016 | Eurekahedge


The Eurekahedge Hedge Fund Index was up 1.52% in July while underlying markets as represented by the MSCI World Index gained 4.18% over the same period. Among regional mandates, Latin American managers led the table, up 4.44% during the month followed by Asia ex-Japan managers who grew 2.79%. Across strategies, relative value hedge funds led the table with gains of 2.51% followed by long/short equities hedge funds which were up 2.34%.

Asset Flows Update

July 2016 | Eurekahedge


The Eurekahedge Hedge Fund Index was up 0.63% in June while underlying markets as represented by the MSCI World Index fell 1.38% over the same period. A weak global macroeconomic outlook coupled with strong headwinds in the aftermath of Brexit proved to be a challenging environment for managers.

Asset Flows Update

June 2016 | Eurekahedge


The Eurekahedge Hedge Fund Index gained 0.40% in May while underlying markets as represented by the MSCI World Index grew by 1.28% over the same period. Among regional mandates, North American managers posted the best returns, up 1.03% during the month followed by European and Japanese hedge funds which saw gains of 1.00% each. Across strategies, distressed debt hedge funds led the tables with gains of 1.66% followed by event driven hedge funds which were up 1.29%.

Asset Flows Update

May 2016 | Eurekahedge


The Eurekahedge Hedge Fund Index gained 0.88% in April while underlying markets as represented by the MSCI World Index gained 0.67% over the same period. Among regional mandates, Latin American managers posted the best gains, up 3.93% during the month followed by North American hedge funds which saw gains of 1.25%. Across strategies, relative value hedge funds led the table with gains of 1.96% followed by event driven hedge funds which were up 1.34%.

Asset Flows Update

April 2016 | Eurekahedge


The Eurekahedge Hedge Fund Index gained 1.33% in March while underlying markets as represented by the MSCI World Index declined 5.47% over the same period. Among regional mandates, Latin American managers posted the best gains, up 4.85% during the month followed by Asia ex-Japan hedge funds which saw gains of 4.78%. Across strategies, event driven hedge funds led the table with gains of 3.16% followed by distressed debt hedge funds were up 3.03% - an impressive rebound after their four-month losing streak.

Asset Flows Update

March 2016 | Eurekahedge


The Eurekahedge Hedge Fund Index gained 0.36% in February while underlying markets as represented by the MSCI World Index declined 1.43% over the same period. Among regional mandates, Japanese managers posted the steepest loss down 3.83% during the month followed by Asia ex-Japan hedge funds which saw losses of 1.78%. Across strategies, CTA/managed futures hedge funds led the table with gains of 2.62% propped up by exposure into safe haven assets such as gold and the Bund.

Asset Flows Update

February 2016 | Eurekahedge


The Eurekahedge Hedge Fund Index lost 1.20% in January while underlying markets as represented by the MSCI World Index were down 5.71%. All regional mandates were down during the month as global equities faced intense sell-off pressure; much of the weakness in equity markets was led by Asian equities. Asia ex-Japan managers posted losses of 3.15% during the month followed by Japanese hedge funds which saw losses of 2.71%. Across strategies, CTA/managed futures hedge funds led the table with gains of 2.32% during the month while other strategies languished in negative territory.

Asset Flows Update

January 2016 | Eurekahedge


The Eurekahedge Hedge Fund Index lost 0.70% in December while underlying markets as represented by the MSCI World Index were down 2.23%. The performance of regional mandates was mixed during the month with Asia ex-Japan managers leading the table with gains of 1.45% followed by Japanese managers up 0.27%. Meanwhile the performance of European managers was flat, while Latin American and North American hedge funds languished, down 0.60% and 0.94% respectively during the month.

Asset Flows Update

December 2015 | Eurekahedge


The Eurekahedge Hedge Fund Index continues to gain ground in Q4, ending with an increase of 0.77% during the month of November. Meanwhile underlying markets as represented by the MSCI World Index were up 0.38%. All hedge fund regional mandates posted positive returns during the month with most equity markets ending the month in positive territory.

Asset Flows Update

November 2015 | Eurekahedge


The Eurekahedge Hedge Fund Index ended its four month losing streak, gaining 1.33% in October 2015. Underlying markets as represented by the MSCI World Index were also up this month, gaining 7.22%. Returns across all regional mandates were positive this month as the market rebounded in October.

Asset Flows Update

October 2015 | Eurekahedge


The Eurekahedge Hedge Fund Index fell into negative territory this month, down 0.58% in September 2015, though outperforming underlying markets as represented by the MSCI AC World Index All Core which lost 3.60% during the month. Returns across all regional mandates were mixed as market and macroeconomic themes are starting to shape investor sentiments globally

Asset Flows Update

September 2015 | Eurekahedge


The Eurekahedge Hedge Fund Index fell into negative territory this month, down 1.81% in August 2015, though outperforming underlying markets as represented by the MSCI World Index which was down 6.66% during the month. Returns across all regional mandates were dented this month as investors grew cautious of the uncertain economic outlook.

Asset Flows Update

August 2015 | Eurekahedge


The Eurekahedge Hedge Fund Index rebounded this month, up 0.27% in July 2015, while the MSCI World Index was up 1.34%. Returns for Asia ex-Japan were dented this month, down 2.60% as the end of the Chinese equity market euphoria has depressed gains for hedge funds with Greater China exposure. However, European, North American and Japanese equity markets have bounced back from losses in the previous month with developed market hedge fund mandates posting good gains.

Asset Flows Update

July 2015 | Eurekahedge


The Eurekahedge Hedge Fund Index posted its first losing month in 2015, down 1.19% in June, outperforming underlying markets as represented by the MSCI World Index which was down 2.88% during the month. Despite a strong start to the year, events in Europe and China have dented hedge fund returns in June, with overall 1H 2015 returns coming in at 3.37%, comparable to the 3.11% gain seen over the same period last year.

Asset Flows Update

June 2015 | Eurekahedge


The Eurekahedge Hedge Fund Index posted its fifth consecutive month of gains for 2015 and was up 0.54% in May while underlying markets as represented by the MSCI World Index gained 0.81% during the month. On a year-to-date basis, hedge funds are up 4.49% with Asian managers leading the tables with gains of 11.44%.

Asset Flows Update for the Month of April 2015

May 2015 | Eurekahedge


Hedge funds edged higher in April to close at another record high, with the Eurekahedge Hedge Fund Index gaining 0.93%. However, hedge funds underperformed underlying markets this month as the MSCI World Index gained 1.25%. Easy monetary policy in Japan and Europe continued to push regional equities into record territory, while US market volatility rose with increasing uncertainty over the Federal Reserve’s timing of interest rate hikes and the outcome of the Greek talks.

Asset Flows Update for the Month of March 2015

April 2015 | Eurekahedge


Hedge funds edged even higher in March to close at another record high, with the Eurekahedge Hedge Fund Index gaining 0.78%, outperforming underlying markets as the MSCI World Index fell 0.39%. Easy monetary policy in Japan and Europe continued to push regional equities into record territory, while US market volatility rose with increasing uncertainty over the Federal Reserve’s timing of interest rate hikes and the outcome of the Greek talks.

Asset Flows Update for the Month of February 2015

March 2015 | Eurekahedge


Hedge funds edged even higher in February to close at another record high, with the Eurekahedge Hedge Fund Index gaining 1.57%, though underperforming underlying markets as the MSCI World Index gained 5.47% after equities surged higher during the month. A return of investor risk appetite and easy monetary policy pushed equities into record territory, while volatility faded away with investors gaining further confidence in the market’s strength.

Asset Flows Update for the Month of January 2015

February 2015 | Eurekahedge


Hedge funds were off to a strong start in 2015, with the Eurekahedge Hedge Fund Index gaining 1.29%, outperforming underlying markets as the MSCI World Index fell 0.41% over concerns about a lack of global demand and Greece’s debt problems. This atmosphere of uncertainty and central bank activity contributed to heightened market volatility, which picked up in the first trading month of the year. US equities witnessed their largest loss since January 2014, underperforming global markets significantly as concerns over the strong US dollar and declining growth overseas weighed in on regional markets despite the strong economic picture in the US.

Asset Flows Update for the Month of December 2014

January 2015 | Eurekahedge


Hedge funds finished 2014 up 4.46%, with the Eurekahedge Hedge Fund Index gaining another 0.14%, outperforming underlying markets as the MSCI World Index fell 0.80% in December after equities retreated from their intra-month heights. Further steep falls in oil prices and fears of a global slowdown contributed to an atmosphere of uncertainty, which caused volatility to pick up in the final trading month of the year as the market traded in a choppy sideways manner.

Asset Flows Update for the Month of November 2014

December 2014 | Eurekahedge


Hedge funds resumed their upward climb for the year, with the Eurekahedge Hedge Fund Index gaining 1.40%, underperforming underlying markets as the MSCI World Index climbed 2.34% after bouncing back from October’s major selloff. In the US, better-than-expected unemployment and third quarter GDP figures have supported equities higher and lent additional credence to the country’s recovery.

Asset Flows Update for the Month of October 2014

November 2014 | Eurekahedge


Hedge funds posted their sixth month of negative returns for the year, with the Eurekahedge Hedge Fund Index down 0.27%, underperforming underlying markets as the MSCI World Index climbed 1.15% after a major worldwide selloff and subsequent recovery. In the US, the Federal Reserve completed its tapering program this month and announced that it is still on track towards normalising interest rates given its inflation and employment targets. Over in Asia, the Bank of Japan (BoJ) surprised market participants by going all out to tackle deflation and embarking on further easing, driving the yen to new lows against the greenback while sparking off another rally in the Nikkei.

Asset Flows Update for the Month of September 2014

October 2014 | Eurekahedge


Hedge funds ended September flat with the Eurekahedge Hedge Fund Index returning 0.00%, outperforming underlying markets as the MSCI World Index slipped 1.86%, with market volatility picking up after the seasonal summer doldrums. In the US, investors are gearing up in earnest at the prospect of tighter monetary policy in the United States as the economic recovery continues to gain strength, with concerns continuing to remain regarding the pace of a rate rise given the mammoth challenge of unwinding the Fed’s balance sheet.

Asset Flows Update for the Month of August 2014

September 2014 | Eurekahedge


Hedge funds ended August in positive territory with the Eurekahedge Hedge Fund Index up 1.30% trailing the MSCI World Index which gained 2.48%, with market volatility falling across the different asset classes. In the US, the economy continues to show modest growth, prompting more speculation regarding possible revisions to the schedule for the Fed’s eventual raising of interest rates. Over in the Eurozone, inflation and growth remains weak, spurring Draghi into action to fulfil his commitment towards fighting deflation. European equities rallied in anticipation of a fresh round of quantitative easing, with regional markets ending the month largely in positive territory.

Asset Flows Update for the Month of July 2014

August 2014 | Eurekahedge


Hedge funds finished the month of July in the red with the Eurekahedge Hedge Fund Index down 0.10% (2.82% year-to-date), outperforming the MSCI World Index which declined 0.83% from rising geo-political tensions between Russia and the west, and concerns over Portugal’s banking sector weighed in on investor sentiment. Despite strong second quarter growth numbers in the US, anxiety continues to grow regarding the timing for the Fed’s abandonment of its zero-interest-rate policy following dissenting opinions on the issue in the recent FOMC meeting. Asian markets evaded the overall negative sentiment as healthy macro-economic numbers from China gave a boost to regional equity markets with Asian mandated hedge funds ending July on a strong note.

Asset Flows Update for the Month of June 2014

July 2014 | Eurekahedge


Hedge funds ended June in positive territory with the Eurekahedge Hedge Fund Index up 1.25% and ended the second quarter of the year on a stronger note. On a year-to-date basis, hedge funds are up 3.00% while the MSCI World Index has returned 4.27% in the first half of 2014. Global markets were supported by accommodative monetary policies in June and steady gains in the US jobs market data, with the ECB initiating negative rates on bank deposits and indicating that unconventional monetary policy tools were still in reserve should the mild recovery in Eurozone falter.

Asset Flows Update for the Month of May 2014

June 2014 | Eurekahedge


Hedge funds ended May in positive territory with the Eurekahedge Hedge Fund Index up 1.12% as global markets showed signs of stabilisation following a choppy start to the year. Moderate levels of global economic activity coupled with a supportive monetary policy outlook led to a pro-risk environment in May which saw equities and bonds appreciate while volatility levels subsided.

Asset Flows Update for the Month of April 2014

May 2014 | Eurekahedge


Hedge funds posted their second consecutive month of negative returns in April with the Eurekahedge Hedge Fund Index down 0.13% as global markets continued to falter amid a sluggish start to the year. On a year-to-date basis, hedge funds are up 0.78%, slightly ahead of the MSCI World Index which returned 0.75% in the first four months of the year.

Asset Flows Update for the Month of March 2014

April 2014 | Eurekahedge


Hedge funds sealed the first quarter of the year with another month of negative returns, down 0.35% in March as managers navigated through a choppy start to the year. However, strong returns posted by fund managers in the previous month saw them through with the Eurekahedge Hedge Fund Index up 0.87% in Q1 2014, outperforming the MSCI World Index which has gained 0.67% over the same period.

Asset Flows Update for the Month of February 2014

March 2014 | Eurekahedge


Hedge funds posted a strong rebound in February with the Eurekahedge Hedge Fund Index up 1.79% as underlying markets rallied with the MSCI World Index gaining 3.87% during the month. Final asset flow figures for January revealed that managers incurred performance-based losses of US$4.5 billion while recording net asset outflows of US$1.7 billion as hedge funds got off to a rough start in 2014. Preliminary data for February shows that managers have posted performance-based gains of US$14.8 billion while net asset inflows stand at US$11.0 billion, bringing the current assets under management (AUM) of the industry to US$2.03 trillion – the highest level on record.

Asset Flows Update for the Month of January 2014

February 2014 | Eurekahedge


Hedge funds started off the year against the backdrop of a difficult market setting as concerns over the health of the global economic recovery resurfaced; aided by disappointing PMI numbers from China and a deteriorating situation in emerging economies as the ‘QE withdrawal symptoms’ began to manifest themselves yet again. The Eurekahedge Hedge Fund Index was down 0.48% during the month, outperforming underlying markets as the MSCI World Index declined 3.74% in January.

Asset Flows Update for the Month of December 2013

January 2014 | Eurekahedge


Hedge funds witnessed their fourth consecutive month of positive returns as global markets ended the year on a strong note of optimism. The Eurekahedge Hedge Fund Index was up 0.98% during the month, bringing its 2013 returns to 8.02%. Global markets welcomed outgoing Fed chairman Ben Bernanke’s commitment to a low interest rate regime in the post-QE tapering environment with the MSCI World Index gaining 1.67% in December.

Asset Flows Update for the Month of November 2013

December 2013 | Eurekahedge


Hedge fund returns were up for the third consecutive month as markets remained upbeat following encouraging job creation data from the US, with Janet Yellen’s dovish sentiments regarding the short-term continuation of the Fed’s QE program giving a further leg up to investor sentiment. The Eurekahedge Hedge Fund Index was up 1.31% during the month, bringing its year-to-date (YTD) return to 7.34%. The MSCI World Index gained 1.27% during the month.

Asset flows update for the month of October 2013

November 2013 | Eurekahedge


Hedge fund returns were up for the second consecutive month in October amid trend reversals in the underlying markets. The Eurekahedge Hedge Fund Index was up 1.41% during the month, bringing its year-to-date return to 5.84%. The MSCI World Index gained 3.75% during the month.

Asset flows update for the month of september 2013

October 2013 | Eurekahedge


Hedge funds were back in the black in September amid rallies in the underlying markets. The Eurekahedge Hedge Fund Index was up 1.18% during the month as global markets trended upwards, war in the Middle East was averted and the US Federal Reserve did not announce the speculated tapering of its asset purchase program. The MSCI World Index gained 3.87% during the month.

Asset Flows Update For the Month of August 2013

September 2013 | Eurekahedge


Hedge funds posted slightly negative returns in August, amid increasing risk aversion in the markets. The Eurekahedge Hedge Fund Index was down 0.23% during the month as global markets reverted to ‘risk-off’ mode amid fears of another war in the Middle East and speculation that the US Federal Reserve will slow down its asset purchase program. The MSCI World Index was down by 2.26 % during the month.

Asset Flows Update For the Month of July 2013

August 2013 | Eurekahedge


Hedge funds were back in the black in July as global markets swung upwards on the back of reassuring announcements from the US and European central banks. The Eurekahedge Hedge Fund Index gained 1.02% during the month bringing its year-to-date return to 3.54%. The MSCI World Index was up by 4.41% during the month.

Asset Flows Update for the Month of June 2013

July 2013 | Eurekahedge


Hedge funds witnessed negative returns in June, bringing an end to their seven month winning streak since November 2012. The Eurekahedge Hedge Fund Index was down 1.45% during the month as global markets reverted to ‘risk-off’ mode amid speculation that the US Federal Reserve will slow down its asset purchase program. The MSCI World Index was down by 3.10 % during the month.

Asset Flows Update for the Month of May 2013

June 2013 | Eurekahedge


Hedge funds witnessed negative returns in June, bringing an end to their seven month winning streak since November 2012. The Eurekahedge Hedge Fund Index was down 1.45% during the month as global markets reverted to ‘risk-off’ mode amid speculation that the US Federal Reserve will slow down its asset purchase program. The MSCI World Index was down by 3.10% during the month.

Asset Flows Update for the Month of April 2013

May 2013 | Eurekahedge


Hedge funds witnessed another month of positive returns in April amid mixed returns in global markets. The Eurekahedge Hedge Fund Index was up 0.87% during the month, witnessing some trend reversals in the underlying markets. The MSCI World Index gained 2.02% during the month.

Asset Flows Update for the Month of March 2013

April 2013 | Eurekahedge


Hedge funds posted positive returns in March amid mixed returns in global markets. The Eurekahedge Hedge Fund Index was up 0.69% during the month as some risk aversion returned to the markets due to developments in Europe. Comparatively the MSCI World Index gained 1.76% during the month.

Asset Flows Update for the Month of February 2013

March 2013 | Eurekahedge


Hedge funds posted marginally positive returns in February amid mixed returns in global markets. The Eurekahedge Hedge Fund Index was up 0.22% during the month as some risk aversion returned to the markets due to political and economic developments in Europe. The MSCI World Index was down by 0.07% during the month.

Asset Flows Update for the Month of January 2013

February 2013 | Eurekahedge


Hedge funds started off 2013 in a positive fashion, posting excellent returns on the back of rallying markets globally. The Eurekahedge Hedge Fund Index was up 2.32% during the month, the strongest January return since 2006. Most underlying markets witnessed rallies as the MSCI World Index gained 4.66%.

Asset Flows Update for the Month of December 2012

January 2013 | Eurekahedge


Hedge funds finished 2012 on a high note as global markets rallied at the year-end and many managers were able to capture the upside on offer. The Eurekahedge Hedge Fund Index was up 1.46% during the month, ending the year at a healthy 6.19%. Comparatively the MSCI World Index gained 2.22% during the month.

Asset Flows Update for the Month of November 2012

December 2012 | Eurekahedge


Hedge funds witnessed a month of healthy returns and positive asset flows in November as the prevailing sentiment turned towards the risk-on mode. The Eurekahedge Hedge Fund Index was up 0.42% as most underlying markets witnessed trend reversals in the middle of the month. Comparatively, the MSCI World Index was up by 1.05% during the month. Total assets under management (AUM) increased by US$7.7 billion during the month, bringing the size of the industry to US$1.77 trillion. Hedge funds posted performance-based gains of US$1.8 billion as most strategies were in the black in November. Net positive asset flows were also witnessed as investors allocated net US$5.9 billion to the industry.

Asset Flows Update for the Month of October 2012

November 2012 | Eurekahedge


Hedge funds ended their winning run in October with flat-to-slightly-negative returns for the month. The Eurekahedge Hedge Fund Index was down 0.19%1 during the month bringing its October year-to-date (YTD) return to 4.11%. The month witnessed a difficult trading environment for hedge funds as underlying markets witnessed trend reversals across a variety of sectors. The MSCI World Index2 dropped by 0.76% in October.

Asset Flows Update for the Month of September 2012

October 2012 | Eurekahedge


Hedge funds witnessed a month of healthy returns and positive asset flows in September as the prevailing sentiment remained in the risk-on mode. The Eurekahedge Hedge Fund Index was up 0.96%1 during the month while most underlying markets witnessed rallies on the back of monetary easing announcements by the ECB and the US Federal Reserve. The MSCI World Index was up by 2.29%2 during the month.

Asset Flows Update for the Month of August 2012

September 2012 | Eurekahedge


Hedge funds were up for the second month running in August, amid positive movements in underlying markets. The Eurekahedge Hedge Fund Index was up 0.63%1 during the month, bringing its year-to-date (YTD) return to a healthy 3.16%. Comparatively the MSCI World Index gained 1.64%2 on the back of increasing prospects of quantitative easing and positive US economic data – with its YTD gain standing at 7.79%.

Asset Flows Update for the Month of July 2012

August 2012 | Eurekahedge


Hedge funds ended their longest losing streak since 2008 with positive returns of 1.10%1 in July as managers captured gains from trends across various asset classes. July saw the first month of positive returns since February and the Eurekahedge Hedge Fund Index remained in positive territory for the year – up 2.57% July year-to-date (YTD). In comparison the MSCI World Index was up 1.05%2in July and 5.47% for the year.

Asset Flows Update for the Month of June 2012

July 2012 | Eurekahedge


Hedge fund returns for June were in the red for the fourth consecutive month making it the longest running losing streak for the industry since 2008. The Eurekahedge Hedge Fund Index was down by 0.14%1 during the month while comparatively the MSCI World Index was up 3.65%2 amid reversal in market trends and a month-end rally.

Asset Flows Update for the Month of May 2012

June 2012 | Eurekahedge


Hedge funds were down in May amid heightened risk aversion and falling global markets. The Eurekahedge Hedge Fund Index lost 1.55% during the month while comparatively the MSCI World Index shed1 9.32% amid broad market declines in all regions.

May 2012 Asset Flows Update

May 2012 | Eurekahedge


Hedge fund returns were flat to slightly negative in April as most regions and strategies witnessed marginal movements during the month. As managers provided downturn protection amid declining markets globally, the Eurekahedge Hedge Fund Index was down 0.17%1and the MSCI World Index declined 1.62%.

April 2012 Asset Flows Update

April 2012 | Eurekahedge


Hedge funds delivered a flat-to-marginally negative performance in March as the Eurekahedge Hedge Fund Index dropped 0.18%1 for the month. Global markets witnessed divergent trends as US economic data continued to be positive, although Europe and Asia saw some declines and the MSCI World Index gained 0.39%

March 2012 Asset Flows Update

March 2012 | Eurekahedge


Hedge funds witnessed another month of strong returns in February as upbeat sentiment dominated global markets. Optimism about the European debt situation and strengthening global economy fuelled rallies in the underlying markets evident in the Eurekahedge Hedge Fund Index and MSCI World Index1 gains of 2.05% 2and 4.55% respectively during the month.

February 2012 Asset Flows Update

February 2012 | Eurekahedge


Hedge funds posted a remarkable rebound in January as global markets rallied on renewed risk appetite. The Eurekahedge Hedge Fund Index was up 2.10% during the month, making it the best start of the year since 2006. The MSCI World Index gained 4.96% driven by positive data from the US and Europe. The asset-weighted Mizuho-Eurekahedge Index was up 1.58% in January, while the Mizuho-Eurekahedge Emerging Markets Index gained an excellent 5.89% during the month.

January 2012 Asset Flows Update

January 2012 | Eurekahedge


Hedge funds were down 0.23% in December as global markets continued to be volatile in the last month of 2011. The Eurekahedge Hedge Fund Index finished the year with losses of 4.15%, the second-worst return for the index since its inception in 2000. Hedge funds outperformed the underlying markets by 5.8% during the year however; the MSCI World Index1 was down 0.4% in December and 9.9% for the year.

December 2011 Asset Flows Update

December 2011 | Eurekahedge


The Eurekahedge Hedge Fund Index was down 0.87%1 in November as hedge funds provided significant downturn protection in a month marked by large declines and trend reversals. The MSCI World Index fell by nearly 10% during the course of the month and closed 3.22% lower at the end. Hedge funds also witnessed another month of net negative asset flows, with investors withdrawing more than US$9 billion in November.

November 2011 Asset Flows Update

November 2011 | Eurekahedge


Hedge funds were up 2.04% in October as markets reversed sharply from the downtrend seen in the previous two months. Better than expected economic data from the US, as well as moves by European leaders to recapitalise European banks and address the debt crisis, resulted in a surge of optimism among investors. The MSCI World Index gained 8.65% during the month which witnessed rallying markets across the regions. However, the hangover from August and September led to further outflows from the sector.

October 2011 Asset Flows Update

October 2011 | Eurekahedge


Hedge funds were down 2.69% in September; another month of highly volatile movements and broad declines across global markets. The MSCI World Index lost nearly 10% making September the fifth consecutive month of declines for the index. In this market environment, hedge funds were able to outperform the markets substantially. Even so, downbeat investor sentiment resulted in net negative asset flows.

September 2011 Asset Flows Update

September 2011 | Eurekahedge


The Eurekahedge Hedge Fund Index fell 2.13% in August amid heightened volatility in global markets and increased risk aversion. Despite the negative returns, managers delivered significant outperformance and downturn protection in a highly volatile environment. The MSCI World Index fell 7.70% as market sentiment turned bearish, marked by global markets changing directions frequently throughout the month. Hedge funds were able to deliver the 5.57% outperformance against the MSCI World Index, as the sector continued to attract assets, albeit marginally.

August 2011 Asset Flows Update

August 2011 | Eurekahedge


Hedge funds posted another month of outperformance in July with the Eurekahedge Hedge Fund Index gaining 0.44%1 during the month. The industry also continued to attract capital for the eighth consecutive month while managers in all regions outperformed their respective underlying market indices. The MSCI World Index2 declined by 2.59% during the month due to concerns of the global economic recovery, the European debt crisis and the US debt ceiling situation.

July 2011 Asset Flow Update

July 2011 | Eurekahedge


Global hedge funds were down for the second month running as the Eurekahedge Hedge Fund Index declined 1.22% in June and was flat to slightly positive for the first half of 2011. Comparatively, the MSCI AC World Index was down 1.88% in June and up 1.05% year to date (YTD).

June 2011 Asset Flows Update

June 2011 | Eurekahedge


Hedge funds were down 1.24% in May, ending a 10 month winning run for the industry. However managers in all regions outperformed their respective underlying market indices, as the MSCI World Index declined by 2.52% during the month. Additionally, the industry continued to attract capital from investors for the sixth consecutive month, despite a spike in risk aversion.

May 2011 Asset Flow Update

May 2011 | Eurekahedge


Hedge funds continued to attract capital from investors in April with strong performance adding to gains in total assets under management. The Eurekahedge Hedge Fund Index was up 1.58% through April – a month marked with strong returns among underlying hedge fund strategies. The MSCI World Index was up 1.84% during the month.

April 2011 Asset Flows Update

April 2011 | Eurekahedge


The Eurekahedge Hedge Fund Index was up 0.15%1 in March, with managers also witnessing strong asset flows of US$13.9 billion from investors. It was, however, a turbulent month for the industry, marked with swings in risk appetite and mid-month trend reversals. Managers did well to navigate through the uncertainty and protect capital. Most market indices ended March in the red – the MSCI World Index2 was down 1.53% in the month.

March 2011 Asset Flows Update

March 2011 | Eurekahedge


The Eurekahedge Hedge Fund Index advanced 1.09% in February, witnessing strong asset flows from investors. Managers capitalised on positive movements in underlying markets as upbeat sentiment pushed most regional indices upwards. The MSCI World Index gained 2.75% in the month.

February 2011 Asset Flows Update

February 2011 | Eurekahedge


After ending 2010 with excellent results, the hedge fund industry slowed down in January and delivered a flat to slightly positive performance. The Eurekahedge Hedge Fund Index advanced 0.06% in January – a month marked with mixed returns among underlying strategies. The MSCI World Index was up 1.87% during the month.

January 2011 Asset Flows Update

January 2011 | Eurekahedge


Hedge fund assets under management grew by US$34.1 billion through December as managers ended 2010 on a high note. The Eurekahedge Hedge Fund Index posted a strong return of 3.01% in the month, bringing the yearly return to 10.93%. This marks an outperformance to underlying markets in the yearly return measure as the MSCI World Index delivered a 7.83% return for the year.

December 2010 Asset Flows Update

December 2010 | Eurekahedge


Hedge funds remain on track to finish the year on a high note as the Eurekahedge Hedge Fund Index gained 0.40% in November, making it the fifth consecutive month of positive returns. The month was marked by volatile market conditions as investor sentiment changed suddenly from the bullish leanings continuing from October to reignited fears of the European debt contagion. The MSCI World Index2 was down 2.35% in November.

November 2010 Asset Flows Update

November 2010 | Eurekahedge


Hedge funds were up 2.27%1 in October as better-than-expected corporate earnings and anticipation of further quantitative easing resulted in sustained rallies in global equity markets. After witnessing the fourth consecutive month of positive returns, the Eurekahedge Hedge Fund Index now stands at a healthy 7.33% year-to-date October, with the sector poised to finish the year on a high note, as fears of a double-dip recession subside.

Hedge Fund Interview with Wong Kok Hoi, Founder, Chairman and CIO of APS Asset Management Pte Ltd

November 2010 | Eurekahedge


Founded in 1995, APS provides fund management services specialising in Asia Pacific equity investments. APS is a fully independent firm owned 100% by its employees. Mr Wong Kok Hoi, founder, Chairman and CIO of APS, has more than 29 years of investment experience. APS has three teams of 24 investment professionals based in Singapore, China and Japan, managing three key products, ie, Asia ex-Japan, Greater China and Japan equities.

October 2010 Asset Flows Update

October 2010 | Eurekahedge


The global hedge fund sector finished 3Q2010 on a high note as the Eurekahedge Hedge Fund Index delivered a strong 3.37% return for September. A surge in risk appetite amid upbeat corporate earnings estimates and a stream of positive economic data led to rallies in the underlying markets. The MSCI World Index advanced 6.74% in the month.

September 2010 Asset Flows Update

September 2010 | Eurekahedge


The global hedge fund sector remained healthy through August amid an increasing negative sentiment globally and mixed movements across the markets. The Eurekahedge Hedge Fund Index was up 0.46% during the month, bringing the August year-to-date figure to 1.71%; comparatively, the MSCI World Index lost 3.92% with its year-to-date returns at -7.51%.

July 2010 Asset Flows Update

August 2010 | Eurekahedge


After witnessing two months of declines in May and June, hedge funds reverted to their winning ways in July with a string of strong performances. The Eurekahedge Hedge Fund Index gained a strong 1.46% during the month, bringing the July year-to-date figure to 1.21%; comparatively, the MSCI World Index is down 3.7% July year-to-date.

June 2010 Asset Flows Update

July 2010 | Eurekahedge


Hedge fund returns were slightly negative in June as world markets continued to slide for the second straight month. The Eurekahedge Hedge Funds Index was down 0.59% in the month that saw high volatility in all asset classes. However, the trend of outperforming the underlying markets persisted as the MSCI World Index declined 3.56% during the month.

May 2010 Asset Flows Update

June 2010 | Eurekahedge


Hedge funds had a mixed month in May, witnessing widespread losses due to performance while also attracting significant capital. The Eurekahedge Hedge Fund Index was down 2.33% in what was the worst month for the industry since October 2008. The sector, however, outperformed the underlying markets significantly as the MSCI World Index slid 9.91% during the month.

April 2010 Asset Flows Update

May 2010 | Eurekahedge


Hedge funds continued to attract capital through net positive asset flows in April while also posting excellent performance-based gains. The recent momentum saw industry assets cross the US$1.5 trillion mark, with the sector poised for further growth in the coming months. The Eurekahedge Hedge Fund Index advanced 1.24%1 in April amid volatile market conditions, outperforming the underlying markets as the MSCI World Index declined by 0.16% in the month.

March 2010 Asset Flows Update

April 2010 | Eurekahedge


Excellent performance-based gains and markedly improved capital inflows in March generated robust growth in the global hedge fund industry, bringing the total assets under management to just under US$1.5 trillion at the end of 1Q2010. The Eurekahedge Hedge Fund Index advanced 2.50% in the month as managers captured most of the upside in the trending underlying markets – the MSCI World Index gained 5.93%.

February 2010 Asset Flows Update

March 2010 | Eurekahedge


After a month of negative returns and asset flows, hedge funds rebounded in February to bring the assets under management back to US$1.48 trillion. Managers skilfully navigated the mid-month reversals in market themes while underlying markets also ended the month in positive territory – the MSCI World Index was up 1.23% in February.

January 2010 Asset Flows Update

February 2010 | Eurekahedge


After growing consistently for six months, hedge fund assets under management declined by US$2.85 billion in January 2010 as global markets went through some mid-month volatility. The Eurekahedge Hedge Fund Index was down by 0.86%; however, this can be considered as an outperformance as most market indices registered declines ranging from 3% to 9%. The MSCI World Index was down 4.2% amid concerns over the global economy and health of the financial sector.

December 2009 Asset Flows Update

January 2010 | Eurekahedge


Hedge fund assets under management grew by US$4.5 billion in December, bringing the 2009 hedge fund industry total assets to $1.48 trillion. The Eurekahedge Hedge Fund Index gained a healthy 1.06% in the month to end 2009 on a positive note, bringing the yearly returns to 19.38% – the best annual gains since 2003. The positive performance during the month was delivered amid increased risk appetite, which pushed global equity markets higher – the MSCI World Index gained 1.69% while the S&P 500 was up by 1.93%.

November 2009 Asset Flows Update

December 2009 | Eurekahedge


After a small decline in October, hedge funds reverted to their winning ways in November with a string of strong performances. The composite Eurekahedge Hedge Fund Index gained 1.85% during the month, bringing the November YTD figure to 18.34%.

Hedge Fund Interview with Dharmin Mehta, COO of Capveda Asset Management Limited

December 2009 | Eurekahedge


Dharmin Mehta discusses the strategies deployed by Capveda Asset Management Limited. The Capveda Emerging India Fund is owned and managed by Capveda Asset Management Limited (CAML). The asset management company and its fund are both domiciled in Mauritius. CAML specialises on the development and implementation of market neutral strategies and fund management. It has recently launched an India-centric market neutral fund for global investors. The fund derives its alpha from market volatility and inefficiencies and not market trends. The fund is based on the algorithmic trading model. “AT” refers to the strategies that give automated trading signals based on the proprietary algorithm/formula built on certain mathematical models.

October 2009 Asset Flows Update

November 2009 | Eurekahedge


After making strong performance gains for seven consecutive months through the period of March to September 2009, the hedge fund industry took a breather in October with a flat to marginally negative performance. The composite Eurekahedge Hedge Fund Index shed 0.3% through the month, as most asset classes and regional indices registered net declines, with the MSCI World Index losing 1.85%. Sharp reversals in market risk appetite near the month-end negated the gains made during the earlier part of October, which also saw several asset classes hit their one-year highs before declining.

August 2009 Asset Flows Update

September 2009 | Eurekahedge


Hedge funds performance for the year 2009 continued the positive run through August with the composite Eurekahedge Hedge Fund Index gaining 1.3%, while the MSCI World Index rose 3.9% through August amid increasing investor confidence. Hedge funds witnessed their fourth consecutive month of net increase in assets, which climbed more than US$21 billion in August to US$1.38 trillion. Over this four-month period, the hedge fund industry grew by roughly US$100 billion – the largest sustained growth period since end-2007.

July 2009 Asset Flows Update

August 2009 | Eurekahedge


Hedge funds continued their healthy run in July with the composite Eurekahedge Hedge Fund Index up 2.2% during the month. This was partly attributable to the strong rally across underlying equity markets during the second half of the month; the MSCI World Index rose a healthy 8.7% through July on the back of better than expected Q2 earnings results and macroeconomic data. The hedge fund space also witnessed its third consecutive month of a net increase in assets, which rose nearly US$11 billion in July and currently standing at US$1.35 trillion.

June 2009 Asset Flows Update

July 2009 | Eurekahedge


After recording its best 3-month period on record, the Eurekahedge Hedge Fund Index finished flat (0.2%) in June, against flat to negative monthly returns across most major equity markets and a 4.4% decline in commodities, as measured by the Continuous Commodity Index. Managers saw net inflows (US$6.2 billion or 0.5%) for the second consecutive month, which coupled with negligible net losses of US$350 million (0.03%) from performance brought the industry’s assets to US$1.33 trillion as at the end of 1H2009.

May 2009 Asset Flows Update

June 2009 | Eurekahedge


May was a remarkable month for hedge funds, as the Eurekahedge Hedge Fund Index recorded its best monthly return in almost a decade (up 5.3%). The industry also witnessed net inflows (US$11.3 billion or 0.9%) for the very first time in ten months, and the appreciation in assets due to performance in May (US$19 billion or 1.5%) was the largest in the last 12 months. The month’s gains were realised on the back of a third consecutive month of rallying equity markets, with the MSCI World Index up 8.6% for the month amid continued buying and strengthening investor risk appetites. For 2009 YTD, the composite Eurekahedge Hedge Fund Index is up an impressive 9.5%, while the aforementioned equity index and the S&P 500 are up just 5.4% and 1.8% respectively.

April 2009 Asset Flows Update

May 2009 | Eurekahedge


After a healthy first quarter of strong outperformance to the underlying markets, the Eurekahedge Hedge Fund Index returned 3% in April, due to continued surge in equities and risk appetites. Better than expected first quarter earnings reports, continued efforts by governments and central banks to boost economic growth, and relatively attractive valuations were the factors that fuelled the market rally through April; the MSCI World Index returned 10.9%. However, on a year-to-date (YTD) basis, hedge funds are up 3.9% on average, while the broader equity markets remain in the red.

March 2009 Asset Flows Update

April 2009 | Eurekahedge


After notable outperformance to most asset classes in recent months, the Eurekahedge Hedge Fund Index rose a healthy 1.5% in March. The month’s return was generated on the back of sharp reversals in the underlying market, triggered by renewed risk appetites; equities and commodities rose 7.2% and 4.4% during the month.

February 2009 Asset Flows Update

March 2009 | Eurekahedge


In another month of strong relative outperformance to the underlying markets, the composite Eurekahedge Hedge Fund Index lost 0.8% in February against a 10.5% drop in the MSCI World Index and a 4% fall in the Reuters CRB Index. In terms of assets, hedge fund losses eroded 0.3% (US$4.5 billion), while redemptions for the month stood at US$20.3 billion.

January 2009 Asset Flows Update

February 2009 | Eurekahedge


January was a positive month for hedge funds, as managers outperformed the underlying equity markets and most strategies finished the month in the black; the Eurekahedge Hedge Fund Index returned 0.2%. This translated into US$2 billion net performance-based increase in assets during the month, which was, however, negated by net redemptions of US$71 billion through January.

Hedge Fund Asset Flows – 2008 in Review

January 2009 | Eurekahedge


2008 has been an arguably rough year for hedge funds. Over 20%, or US$384 billion, has been shaved off the total value of hedge fund allocations globally, and industry assets have dipped below their December 2006 levels (US$1.54 trillion) for the first time in December 2008 (to US$1.5 trillion). Investment losses accounted for US$185 billion of the decline, while net asset outflows from fund liquidations and investor redemptions made up for the balance of US$198 billion.

November 2008 Asset Flows Update

December 2008 | Eurekahedge


Hedge funds continued to take losses for the sixth straight month in November, as major economies in Europe and Asia announced recessions, and trading was characterised by distressed selling, deleveraging and an increasing disconnect between asset prices and underlying fundamentals. The composite Eurekahedge Hedge Fund Index is down 0.8% for the month to date, but we expect final numbers to be closer to -2%. On the upside, month-to-month losses have been the least negative in the last five months, while net redemptions are also down from previous monthly highs. Figure 1 illustrates the monthly performance-based changes, asset flows and AuM for 2008 YTD.

October 2008 Asset Flows Update

November 2008 | Eurekahedge


October was another harsh month for key asset classes, as global equities (MSCI World Index) and commodities (Reuters CRB Index) lost 19.1% and 18.3% respectively, amid record volatility during the month. Hedge funds, however, outperformed significantly, with the composite Eurekahedge Hedge Fund Index down only 3.9% on the month. Losses in dollar terms were even lower at just 2.7% or US$47.2 billion for October, suggesting that larger-sized funds outperformed their smaller-sized counterparts.

September 2008 Asset Flows Update

October 2008 | Eurekahedge


September was a historic month that saw wide swings in the underlying markets (both the MSCI World Index and the Reuters CRB Index shed over 12% for the month) and several centuries-old financial institutions being bailed out, bought over or filed for bankruptcy. Against this backdrop, the Eurekahedge Hedge Fund Index recorded its worst monthly loss, shedding 4.6%1 on the month, while the industry also witnessed some redemption during the month. On the whole, hedge fund assets shrank US$88 billion, reducing the industry’s size to US$1.79 trillion.

July 2008 Asset Flows Update

August 2008 | Eurekahedge


Hedge funds saw net inflows of US$5.8 billion in July, which were more than offset by negative returns across the industry. The Eurekahedge Hedge Fund Index shed 2.2% on the month, against a backdrop of persistent volatility in the underlying markets. The month saw marked reversals across some key asset classes – commodity prices fell significantly (the Dow Jones-AIG Commodity Index lost 12%, on the month) primarily on concerns of falling demand, while equities rebounded from their intra-month lows (of -5.6% for the MSCI World Index) to close the month down 2.5%.

June 2008 Asset Flows Update

July 2008 | Eurekahedge


Hedge funds had a flat to negative month this June, being negatively impacted by wide swings – such as notable declines in equities and a sharp surge in commodity prices – in the underlying markets; the Eurekahedge Hedge Fund Index shed 0.5% on the month. In terms of assets, the industry lost US$2.3 billion owing to negative performance, but saw an increase of a healthy US$6 billion from fresh inflows. The net US$3.7 billion increase in assets brings the AuM for the entire hedge fund industry to US$1.7 trillion as at the end of June.

May 2008 Asset Flows Update

June 2008 | Eurekahedge


May marked another month of positive performance-based asset growth and minimal redemptions among hedge funds, as the composite Eurekahedge Hedge Fund Index rose 2% on the month. This brings the net increase in total hedge fund assets (estimated at US$1.66 trillion as at end May 2008) to US$4 billion for May and US$12.8 billion for 2008, year-to-date. The month’s performance was relatively optimistic in spite of persistent inflation concerns weighing on the markets and investor sentiment.

April 2008 Asset Flows Update

May 2008 | Eurekahedge Research


April marked a positive start to the second quarter of 2008, as the Eurekahedge Hedge Fund Index rose 1.5%1 on the month. The month saw a marginal increase in the overall assets of the hedge fund industry, as performance-based flows surged up to US$4 billion, but were partly offset by investor redemptions of about US$1.7 billion during the month, owing to net increase in hedge fund assets as at end-April (as suggested by the funds that have reported to date), standing at US$1,650 billion.

March 2008 Asset Flows Update

April 2008 | Eurekahedge Research


March was a difficult month for hedge funds across the board, with performance-based declines in assets among most strategies and redemptions in some; the composite Eurekahedge Hedge Fund Index shed 1.9%1.

February 2008 Asset Flows Update

March 2008 | Eurekahedge


As hedge funds bounced back in February across the board, with most strategies recovering most or all of January’s lost ground (the composite Eurekahedge Hedge Fund Index advanced an impressive 2.9%), data of February 2008 assets under management (AuM) from early reporting funds to the Eurekahedge databases suggests that hedge funds globally raised their total assets to the tune of US$5 billion in performance-based growth, and another US$1.5 billion in net investor inflows. This translates to an estimated 0.4% rise in global hedge fund assets, to US$1.64 trillion . Asset flows during the past two months are summarised in Figure 1 below.

2007 Asset Flow Report

February 2008 | Eurekahedge


This inaugural edition of the Eurekahedge asset flow report collates historical assets under management (AuM) information on a sample of close to 6,400 hedge funds and 2,700 funds of hedge funds listed in the Eurekahedge Alternative Investment databases, in an effort to estimate the size and nature of asset flows in the global hedge fund industry.

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