Hedge funds were up 2.04% in October amid a reversal in the negative market sentiment and rallying equity markets. Managers investing in equities and high yield assets delivered the best performance during the month, with long/short equity funds witnessing their best month since May 2009. All regional mandates finished the month in positive territory with Asia ex-Japan funds leading the way with gains of 3.93%. However net asset flows remained slightly negative with net redemptions of US$4.6 billion.
Highlights of hedge fund performance and asset flows for the month are as follows:
|Net Asset Flows
|Positive Performance (Growth)
|Negative Performance (Decline)
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 firstname.lastname@example.org to enquire on how to obtain the full research report.
Please login to read the rest of the article or sign up for a free trial.