Thursday, 28 August 2014
Last updated 6 hours ago
Aug 23 2011 | 8:00am ET
Hedge funds managed growth of 0.44% in July even as the MSCI World Index declined 2.59% thanks to uncertain macroeconomic conditions, Europe’s debt crisis, and political wrangling over the U.S. debt ceiling.
Eurekahedge, reporting the slight growth, attributes it to hedge funds’ ability to provide downturn protection amid such conditions.
In geographical terms, Asia ex-Japan managers turned in the best performance of the month, adding 1.11%, with the majority of gains coming from long/short equity hedge funds. The largest ex-Japan markets—Australia, China and India—posted declines of 3.98%, 2.18% and 3.44% respectively, but Eurekahedge says managers investing in these countries were able to extract gains through their short exposures as well as value opportunities. All regions outperformed underlying markets for the third consecutive month.
Hedge funds continued to attract capital in July (the eighth consecutive month) with total assets under management increasing by $16.1 billion in July, bringing the industry total to $1.82 trillion. Managers added another $11.8 billion through performance-based growth. Investors all continued to allocate capital during the month with net positive asset flows of $4.3 billion.
Assets in multi-strategy funds surpassed $300 billion while assets in macro hedge funds reached a historical high of $125.3 billion.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...