As hedge funds bounced back in February across the board, with most strategies recovering most or all of January’s lost ground (the composite Eurekahedge Hedge Fund Index advanced an impressive 2.9%), data of February 2008 assets under management (AuM) from early reporting funds to the Eurekahedge databases suggests that hedge funds globally raised their total assets to the tune of US$5 billion in performance-based growth, and another US$1.5 billion in net investor inflows. This translates to an estimated 0.4% rise in global hedge fund assets, to US$1.64 trillion. Asset flows during the past two months are summarised in Figure 1 below.
