Monday, 31 August 2015
Last updated 2 days ago
Nov 12 2013 | 10:18am ET
Investors had poured US$100 billion into hedge funds as of end-October 2013, bringing total industry assets under management to $US1.91 trillion.
Data provider Eurekahedge says the industry is poised to set a new record for AUM by the end of the year.
Assets in funds focused on Greater China have already set a record, reaching US$12.9 billion as of end-October.
In terms of performance, all strategies tracked by Eurekahedge ended October in positive territory, led by multi-strategy funds, which were up 1.82% on the month (5.57% year to date).
Long/short equities funds were up 1.77% on the month (11.38% year to date), fixed-income funds were up 1.32% on the month (5.39% YTD), event-driven funds were up 1.11% on the month (8.56% YTD) and CTA/managed futures funds were up 1.06% on the month (but down 1.84% YTD, the only strategy in the red on a YTD basis).
Arbitrage funds added 0.95% in October (5.94% YTD), macro funds added 0.93% in October (1.58% YTD), relative-value funds were up 0.88% on the month (4.54% YTD) and distressed debt funds were up 0.87% on the month (12.17% YTD).
All regions gained ground in October, led by Asia ex-Japan funds, up 2.03% on the month (8.65% YTD); European hedge funds, up 1.67% on the month (6.71% YTD); emerging markets funds, up 1.43% on the month (3.98% YTD); North American funds, up 1.36% on the month (7.41% YTD); and Latin American funds, up 1.19% on the month (1.52% YTD).
Japan hedge funds were up 0.85% on the month (22.68% YTD, the highest YTD total of any region tracked by Eurekahedge); and Eastern Europe and Russia funds were up 0.50% on the month (but are down 2.17% YTD, the only region in the red, 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…