Hedge Funds Attract US$100B In Oct

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).


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR