Research

The Eurekahedge Report – July 2012

Introduction

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
Allocation (Inflows) 5.43
Redemption (Outflows) -7.04
Net Asset Flows -1.61
Positive Performance (Growth) 18.49
Negative Performance (Decline) -25.1
Total -6.62
Overall Total -8.23

Please click here to download the Eurekahedge Report (3 MB)

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 database@eurekahedge.com to enquire on how to obtain the full research report.


Footnote

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 or sign up for a free trial.