Thursday, 24 July 2014
Last updated 17 min ago
Mar 27 2013 | 10:36am ET
Asia-Pacific hedge funds were the top performers over the past 12 months, according to the latest data from Preqin.
Asia-Pacific funds returned 10.71% over the monitored period, compared to 9.37% for North America-focused funds and 6.88% for Europe-focused funds.
The overall picture for hedge funds as painted in this month's Preqin Hedge Fund Spotlight, was less rosy: gains for funds across all strategies and regions were down from 2.47% in January to 0.39% in February. That said, the only losing strategies in February were macro funds, down 0.19%, and emerging markets, down 0.08%.
Year-to-date, all strategies and regions covered by Preqin were in the black. Asia-Pacific funds were up 6.23%; European funds up 3.32% and North American funds up 3.22%. Long/short equity funds were the best-performing strategy YTD, up 3.86%; followed by multi-strategy funds, up 3.00%; and event-driven, up 2.72%.
Funds of funds gained 0.05% in February and are up 2.15% YTD.
Preqin's latest research also shows that 79% of investors believe that hedge fund performance in 2013 will beat that of 2012.
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…