Eurekahedge - Other Products and Services
Fund Of Private Equity Fund Database Free Trial

Hedge Fund News

EH Report

Manager Interviews

‘Mizuho-Eurekahedge Index’ goes live

Asian Hedge Fund Awards

Industry Events Calendar

Fund Launches and Closures


Eurekahedge Hedge Fund Indices

Hedge Fund Monthly
February 2011 Hedge Fund Performance Commentary
Feb 2011


Hedge funds were up for the seventh consecutive month in January, posting a marginal result of 0.06%1  for the month. Price movements in global markets were erratic in a month marked by various themes including improving economic fundaments in the US, political instability in the Middle East and rising inflationary pressure. The MSCI World Index was up 1.87% in January.

Japanese hedge funds delivered the best performance among the main hedge fund regions, gaining 1.26% in January. Managers leveraged on the better-than-expected earnings, corporate activity and a strong yen to outperform the Nikkei 225, which was up 0.09% during the month. Returns from other developed economies were also positive, with the Eurekahedge North American Hedge Fund Index gaining 0.75% while European hedge funds were up 0.24%. Stronger outlook on the US economy, as well as easing concerns on the European debt situation, drove up the regional markets – the S&P 500 climbed 2.26% while the MSCI Europe Index gained 1.83% during the month.

Returns from emerging markets hedge funds were mixed as Latin American hedge funds witnessed marginal losses of 0.10% while Asia ex-Japan funds were down 1.20% in January. The regional market indices also ended the month in negative territory. The MSCI EM Latin America Index was down 4.17% while the MSCI AC Asia Pacific Ex Japan Index lost 0.59%. Notable among emerging market hedge funds were managers investing in Eastern Europe & Russia, who gained 2.20% during the month. Eastern Europe & Russia mandate hedge funds capitalised on the rallies in underlying markets as the MSCI EM Eastern Europe Index was up 1.52% while the Russia AK&M Composite Index finished the month with an excellent gain of 5.68%.

December 2010 and January 2011 returns

The relatively modest returns across the regions came after a period of strong performance by hedge funds at the end of 2010. The Eurekahedge Hedge Fund Index was up...


The full article is available in The Eurekahedge Report accessible to paying subscribers only.


Subscribers may continue to login as usual to download the full report and non-subscribers may email to enquire on how to obtain the full research report.



1 Based on 54.19% of funds reporting the January 2011 returns as of 14 February 2011.

If you have any comments about or contributions to make to this newsletter, please email


Industry News
  The Eurekahedge Report - October 2014  
  Asset Flows Update for the Month of September 2014  
  Hedge Fund Performance Commentary for the Month of September 2014  
  2014 Key Trends in North American Hedge Funds  
  2014 Overview: Key Trends in Funds of Hedge Funds  
  The Billion Dollar Interview with Constellation Asset Management  
  CSRC New Regulations on Private Investment Funds  
  It's All There: Post-AIFMD Fundraising Options in Germany  
  Singapore: Opportunities for Islamic Finance  
  The New Deal: Hedge Fund Management Fees Are Subject to Social Security Taxes  
Eurekahedge Hedge Fund Manager Travel Plans

Copyright © 2014 Eurekahedge Pte Ltd.
Use of this site is subject to our terms and conditions of use.