Tuesday, 30 June 2015
Last updated 4 hours ago
Mar 8 2012 | 8:49am ET
Despite their less-than-stellar results in 2011, hedge funds saw net asset inflows of US$20 billion in February.
The Eurekahedge Hedge Fund Index was up 2.06% for the month, buoyed by optimism about European debt and the global economy. It’s up 4.30% for the year, its strongest start in 12 years. The MSCI World Index gained 4.55%, as the appetite for risk persisted for a second consecutive month while the asset-weighted Mizuho-Eurekahedge Index was up 1.64% in February.
All strategies posted gains in February, led by equity long/short funds, which added 2.92% and are up 6.17% YTD. Event driven funds were next, returning 2.44% (4.87% YTD); followed by multi-strategy funds, up 2.21% (4.58% YTD). Arbitrage funds added 2.01% in February, fixed income funds added 1.56%, CTA/managed futures added 1.29%, relative value added 1.17%, macro funds added 1.04% and distressed debt added 0.80%.
In terms of regions, all indices were up in February, led by Eastern Europe and Russian funds which added 6.10% for YTD gains of 12.57%. Asia ex-Japan funds gained 4.40% in February (8.84% YTD) and emerging markets funds gained 3.11% (6.95% YTD). Japan strategies gained 2.77% for the month, European funds added 2.35%, Latin American funds added 2.05% and North American funds gained 1.95%.
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…