Hedge funds outperformed the markets and delivered marginally positive returns in February. The benchmark Eurekahedge Hedge Fund index was up 0.22%1 while the MSCI World Index was down 0.07%2 over the month. Total assets under management were up by US$5.00 billion during February – the sector witnessed net positive asset flows of US$5.35 billion while losing US$0.35 billion through performance-based losses. The total size of the industry now stands at US$1.81 trillion.
Highlights of hedge fund performance and asset flows for the month are as follows: