Tuesday, 16 September 2014
Last updated 55 min ago
Jan 21 2014 | 7:20am ET
Hedge funds realized their best performance-based gains since 2010 last year, raking in US$100 billion, according to the latest Eurekahedge data.
Long/short equities strategies accounted for almost half of that gain.
Total industry assets increased almost 13% in 2013, surpassing US$2.0 trillion.
Hedge funds pulled in US$130 billion in net asset allocations in 2013 and long/short equities managers again led the way, attracting US$82.2 billion of those net inflows.
European hedge fund managers may not have set a performance record in 2013—they were up 8.77%—but they attracted record high net asset inflows of US$60.2 billion for the year.
North American long/short equities hedge funds were up 18.48% in 2013 and according to Eurekahedge, 20% of them managed to beat the S&P500 Index by an average of 20.52% during the year.
Asian hedge funds were up 15.86% in 2013 with net asset inflows of US$11 billion—the highest level on record since 2007.
Japanese hedge funds remained ahead of other regions, up 26.77% with pure Japan-mandated funds recording net inflows of US$700 million since June 2013
Greater China focused hedge funds were up 19.39% in 2013, outperforming the Hang Seng Index by more than 16%
Strategy-wise, distressed debt hedge funds delivered the best returns in 2013, ending the year up 17.95%.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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