Thursday, 31 July 2014
Last updated 9 hours ago
Mar 20 2012 | 8:16am ET
Hedge funds gained 2.05% in February on optimism about the European debt situation and a strengthening global economy, reports Eurekahedge.
The MSCI World Index increased 4.55% as investor sentiment remained positive for a second consecutive month.
Taken together, the first two months of 2012 constituted hedge funds’ strongest start in 12 years, with the Eurekahedge Hedge Funds Index up 4.35% in February year-to-date.
All regional funds recorded gains in February, led by emerging markets strategies. Asia ex-Japan funds gained 4.32% for the month, bringing their YTD total gains to 8.79%. The asset-weighted Mizuho-Eurekahedge Asia ex-Japan Index is up 9.06% as of the end of February, demonstrating, says Eurekahedge, that larger funds have outperformed to date this year.
Long/short equity funds had gained 6.2% as of the end of February.
Total assets under management in the hedge fund industry rose by over US$11 billion in February to US$1.75 trillion. Most of the increase was the result of performance, with managers gaining US$11.2 billion from their portfolios. Net flows were flat to slightly positive for February, says Eurekahedge, standing at US$300 million as portfolio balancing among investors continued.
Revised figures for January show that managers attracted US$12 billion during the month and with investor sentiment turning positive once again, the industry is expected to attract significant allocations in the days ahead.
Assets in macro and CTA/managed futures hedge funds reached historical highs of US$133 billion and US$220 billion, respectively, in February. UCITS hedge funds continued to witness strong launch activity and asset flows—newly launched UCITS funds attracted over US$1 billion in January and February
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…