Hedge funds were down for the fourth consecutive month in June, as economies in Europe announced recessions and frequent shifts in risk sentiment made it a difficult environment for traders. The composite Eurekahedge Hedge Fund Index registered a marginal loss of 0.14%1 while the MSCI World and the S&P Goldman Sachs Commodity Indices were up 3.65% and 1.20% respectively. Hedge funds recorded a decline of US$8.2 billion as negative performance and client redemptions led to the fall in assets under management. Total industry assets are still higher by 1.53% year-to-date and remain above the US$1.73 trillion mark. Japanese managers recorded the highest returns among regional mandates while relative value and fixed income strategies outperformed peers in June.
Highlights of hedge fund performance and asset flows for the month are as follows:
|June 2012||US$ billion|
|Net Asset Flows||-1.61|
|Positive Performance (Growth)||18.49|
|Negative Performance (Decline)||-25.1|
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 firstname.lastname@example.org to enquire on how to obtain the full research report.
1 Based on 50.83% of funds which have reported June-2012 returns as at 13-July-2012
Please login to read the rest of the article.
Not yet a member?
Registration is free and easy. Gain immediate access to Eurekahedge’s news and monthly reports.
|Product access||Free registration||Subscriber|
|Asset flow updates||✔||✔|
|Hedge fund performance commentary||✔||✔|
|Third party external articles||✔||✔|
|Billion Dollar/Manager interviews||✔||✔|
|Key trends report||✖||✔|
|The Eurekahedge Report||✖||✔|
|Top 10 tables||✖||✔|
|Index return matrix||✖||✔|
For further information on Eurekahedge online products, please contact our sales staff for a FREE demonstration:
Eurekahedge Research Data
Singapore +65 6212 0925
US: +1 212 706 7020