The Eurekahedge Report - September 2012

Hedge funds recorded their second month of gains in August amid rallying markets and further monetary stimulus from major central banks around the globe. The benchmark Eurekahedge Hedge Fund Index rose 0.63%¹ while the MSCI World Index returned 1.64%² over the month. US$7.83 billion in total assets were added during August, of which US$2.88 billion came from managers’ performance and the remaining US$4.95 billion from investment inflows. Total industry size now stands at US$1.74 trillion, the highest level since April 2012.

Highlights of hedge fund performance and asset flows for the month are as follows:

August 2012	US$ billion
Allocation (Inflows)	13.11
Redemption (Outflows)	-8.16
Net Asset Flows	-4.95
Positive Performance (Growth)	4.41
Negative Performance (Decline)	-1.53
Total	2.88
Overall Total	7.83

To read more, please see full Eurekahedge Report, also accessible on Scribd & Issuu.

Hedge funds up for a second consecutive month

Hedge funds up 0.47% in August as market sentiment remained optimistic

Hedge funds posted another month of positive returns for August as the Eurekahedge Hedge Fund Index gained 0.47%¹ during the month. Market sentiment was optimistic for most of the month, with prospects for QE3 increasing, positive signals from the Euro zone and stronger US economic data. The MSCI World Index was up by 1.64%² in August.

Key takeaways for the month of August 2012:

• Hedge funds gained 0.47% in August and were up 3% year-to-date.
• Relative value hedge funds were up 7.34% August year-to-date and have attracted significant assets in 2012 – total AUM now stands at US$60 billion.
• Event driven posted their best return in six months – the Eurekahedge Event Driven Hedge Fund Index was up 1.65%.
• Distressed debt hedge funds also saw their best results in six months with the Eurekahedge Distressed Debt Hedge Fund Index gaining 1.07%.
• The Mizuho-Eurekahedge Emerging Markets Index rose 1.63% in August.
• CTA/managed futures funds have witnessed six months of net negative asset flows, losing US$16 billion since February 2012.

To read more, please see the full Eurekahedge Index Flash, also accessible on Scribd and Issuu.