The global hedge fund industry witnessed its first net inflow of US$11.3 billion in 10 months and the largest amount of capital appreciation from performance (US$19 billion) in a year, for total growth of US$30.3 billion. The Eurekahedge Hedge Fund Index was up 5.4%1 in May, registering its best monthly return in almost a decade.
Highlights of hedge fund performance and asset flows for the month are as follows:
|May 2009||US$ billion|
|Net Asset Flows||11.3|
|Positive Performance (growth)||21.7|
|Negative Performance (decline)||-2.6|
1Based on 55% of the funds reporting their May 2009 returns as at 15 June 2009.
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