Saturday, 4 July 2015
Last updated 23 hours ago
Oct 8 2013 | 8:11am ET
Hedge funds added 1.05% in September, and their assets under management are poised to hit record highs by the end of 2013.
Hedge fund industry AUM now stands at US$1.91 trillion, according to Eurekahedge, and assets in long/short equity strategies have surpassed US$600 billion for the first time since 2008.
As for performance, all but one of the strategies tracked by the data provider ended September in the black, led by long/short funds, up 2.10% on the month (9.00% year to date). Event-driven funds were up 1.90% on the month (7.38% YTD), distressed debt funds up 1.54% on the month (11.25% YTD), multi-strategy funds up 1.41% (3.65% YTD), fixed-income funds up 1.04% (4.07% YTD), relative-value funds up 1.01% (3.47% YTD) and arbitrage funds up 0.79% (4.89% YTD).
The only losers were CTA/managed futures strategies, down 0.72% on the month and 3.23% YTD.
Hedge funds from all regions were in positive territory in September, led by Eastern Europe and Russia funds, up 5.92% on the month (but down 0.57% YTD). Asia ex-Japan funds were up 2.81% (5.90% YTD), Japan funds were up 2.69% (21.25% YTD), emerging markets funds were up 1.92% (1.93% YTD) and Latin American, North American and European funds were all up 1.43% (0.37%, 6.13% and 4.95%, respectively, YTD).
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…