Indices and Reports

Asia-focused hedge funds saw net outflows of $1.9 billion in September, the first monthly outflow in 17 months, according to data from Eurekahedge.

The third quarter was one of the worst ever for the hedge fund industry, with poor performance accounting for approximately $85 billion in losses, according to new data from HFR.

The Barclay Hedge Fund Index shed 3.92% in September, as most hedge fund strategies posted losses for the month.

The Dow Jones Credit Suisse Hedge Fund Index fell for a second straight month, finishing down 3.2% in September versus a monthly loss of 9.88% for the Dow Jones Global Index. This decline makes it the largest drop in a single month in more than a year.

Kevin Uebelein, President and CEO, Pyramis Global AdvisorsA new survey by Fidelity Investments shows Asian institutions will be looking more to alternative investments in the next couple of years to counteract market volatility and low returns.

According to the survey, 61% of Asia ex-Japan investors will diversify into alternatives as their top approach to managing volatility in the next one or two years, while 55% will employ currency hedging techniques. Among Japanese institutions, on the other hand, 61% preferred to increase fixed-income assets, while 42% planned to adopt a liability-driven investing approach

Investors still have faith in hedge funds, despite a rocky third quarter.

The HSBC Emerging Markets Index slipped from to 51.9 in Q3 2011 from 54.2 in Q2, registering the weakest growth in nine quarters.

Undaunted by poor returns, hedge fund investors have pushed the industry's assets to their 2006 levels.

Hedge fund returns keep falling, but hedge fund investors keep forking over billions of dollars to hedge fund managers, according to new data.

Forty percent of the roughly 50 institutional hedge fund investors polled recently by Preqin said their returns have fallen below their expectations in 2011.