Wednesday, 29 July 2015
Last updated 16 hours ago
Feb 16 2011 | 8:13am ET
Hedge funds gained 0.06% in January, according to the Eurekahedge Hedge Fund Index, their seventh consecutive positive month.
The sector attracted $3.39 billion in net asset flows, but performance-based growth was negative $2.13 billion. Total assets under management rose by $1.26 billion to $1.68 trillion.
Elsewhere the report noted that while the Eurekahedge Hedge Fund Index was 0.13% in January 2011, Japan was up 1.1% and Korea up 1.57%.
Distressed debt funds continued their strong performance, adding 1.37% in January.
North American hedge funds have now racked up 12 straight months of net positive asset flows, their longest such run since 2004.
In addition, more than 30 funds were launched in January; European hedge funds have seen net positive asset flows of $20.3 billion since July; and 56% of hedge fund managers are above their high-water mark since December 2008.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…