Thursday, 2 October 2014
Last updated 16 hours 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).
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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