Emerging Markets Funds See Best Start Since '06

May 30 2012 | 12:13pm ET

Emerging markets hedge funds are off and running in 2012, gaining 7.3% in the first quarter, says Hedge Fund Research.

The gains represent emerging market funds’ best start to a calendar year since 2006, according to the latest HFR Emerging Markets Industry Report.

Total capital invested in emerging markets hedge funds hit a record $127.3 billion as of the end of Q1 2012, up by nearly $10 billion since the end of 2011. The previous AUM record—$123 billion—was set in Q2 2011.

The increase in capital was driven by performance-based gains, as net new capital flows from investors remained muted, with funds experiencing inflows totaling $3.1 billion, while those experiencing outflows totaled $3.4 billion, resulting in a modest net outflow of $365 million in the first quarter.

New capital flows were concentrated in emerging Asia and Russia/Eastern Europe, which received $500 million in net new capital combined.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...