Monday, 30 November 2015
Last updated 59 min ago
Sep 6 2012 | 9:58am ET
Hedge funds returned 0.7% on average in August 2012, bringing their year-to-date gains to 4.2%, according to the latest stats from eVestment|HFN Research.
The best performers in August were multi-strategy funds (up 1.52%), long-short equity funds (up 1.28%) and event-driven/distressed funds (up 1.07%). The only losing strategies for the month were managed futures (down 0.98%) and FX strategies (down 0.19%).
Year to date, all strategies monitored by eVestment|HFN Research were in the black, led by long/short equity strategies, up 4.67%.
Emerging market funds returned 2.0% during the month and are up 5.9% YTD. But funds focused on Japan fell more than 3% in August despite a rally on the Nikkei.
Updated estimates for July show investors pulled about $11.8 billion out of hedge funds that month, as total assets under management reached $2.52 trillion. Global macro and managed futures hedge funds saw outflows of $2.4 billion in July, which eVestment|HFN attributes to their underperformance in 2012.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…