Thursday, 18 December 2014
Last updated 14 hours ago
Jul 20 2011 | 8:15am ET
Hedge funds lost 1.22% in June, ending H1 2011 with a gain of 0.33%, according to the most recent data from Eurekahedge.
June was characterized by “trend reversals in the markets and changes in investor risk appetite,” according to the research company, but hedge funds still managed to outperform their underlying markets—the MSCI World index declined 1.88% for the month.
The month got off to a bearish start, amid concerns about the slowing U.S. economy and Europe’s sovereign debt crisis, but Eurozone developments and good news from China reversed that trend in the second half.
Japanese hedge funds were a bright spot in June, up 0.25% on average, Latin American funds were flat.
Hedge fund assets were down by US$8.8 billion in June, although the sector continued to attract capital for the seventh consecutive month. Assets gained through performance in the first half totaled a “modest” US$20 billion, according to Eurekahedge.
Hedge fund asset flows, on the other hand, were positive in June, at US$2.6 billion and the sector has attracted a record US$116.2 billion in the last six months.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.