Hedge Funds were up 0.44%1 in July as the managers provided downturn protection to their portfolios in a month that saw global equity markets decline. The MSCI World Index dropped 2.59% as risk appetite waned across high yielding assets. Investors however increased allocation to hedge funds as $4.34 billion of net inflows were recorded for the industry. This is the eighth consecutive month of positive net flows in the year, making 2011 one of the strongest years on record in terms of capital allocation to hedge funds.
Highlights of hedge fund performance and asset flows for the month are as follows:
|Net Asset Flows
|Positive Performance (Growth)
|Negative Performance (Decline)
The full report is accessible to paying subscribers only.
Subscribers may continue to login as usual to download the full report and non-subscribers may email email@example.com to enquire on how to obtain the full research report.
1Based on 82.02% of funds which have reported July-2011 returns as at 23-August-2011
Please login to read the rest of the article or sign up for a free trial.