The benchmark Eurekahedge Hedge Fund Index was up 1.41%1 in October, lagging behind the MSCI World Index2 which gained 3.75% over the month. Total assets under management increased by US$19.71 billion during the month and the sector witnessed net positive asset flows of US$1.16 billion, while also registering performance-based gains of US$18.55 billion. The total size of the industry now stands at US$1.97 trillion.
Highlights of hedge fund performance and asset flows for the month are as follows:
|October 2013||US$ billion|
|Net Asset Flows||1.16|
|Positive Performance (Growth)||19.54|
|Negative Performance (Decline)||-0.99|
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1Based on 44.58% of funds which have reported Oct-2013 returns as at 13-Nov-2013
2MSCI AC World Index (Local)
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