Wednesday, November 21, 2012

The Eurekahedge Report - November 2012

Hedge funds witnessed a flat to marginally negative performance in October, amid falling equity markets, trend reversals in various sectors and increasing risk aversion among investors. The benchmark Eurekahedge Hedge Fund Index was down 0.19%while the MSCI World Index dropped by 0.76% over the month. Total assets under management (AUM) declined by US$11.47 billion during October, of which US$5.8 billion were attributed to performance and the remaining US$5.68 billion due to net outflows - bringing the total size of the industry to US$1.76 trillion.

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

October 2012US$ billion
Allocation (Inflows)
11.04
Redemption (Outflows)
-16.72
Net Asset Flows
-5.68
Positive Performance (Growth)
26.65
Negative Performance (Decline)
-32.44
Total
-5.80
Overall Total
-11.47

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

Thursday, November 8, 2012

Hedge funds end winning streak and see red during October

Hedge funds dipped 0.51% amid dim global economic outlook

Hedge funds finished October in the red amid trend reversals, across a variety of sectors, which made for a difficult trading environment. The Eurekahedge Hedge Fund Index was down 0.51%. In contrast the MSCI World Index dropped by 0.76%1 for the month. On the whole, however, the Eurekahedge Hedge Fund Index is in positive territory for 2012 — its return now sits at 3.81% year-to-date (YTD).

Key takeaways for the month of October 2012:
  • Hedge funds saw their winning streak end with a loss in October — but they remain in the black, having gained 3.81% YTD
  • Asia ex-Japan mangers continued their impressive 2012 performance by gaining 1.75% in October
  • The asset weighted Mizuho-Eurekahedge Asia ex-Japan Long/Short Equity Index gained nearly 2% in October, showing that the larger funds in the region delivered the strongest gains
  • Distressed debt funds were up for the 4th consecutive month in October and gained 1.87% during the month – they are now up 7.31% since end-June and 10.53% October YTD 
      To read more, please see the full Eurekahedge Index Flash, also accessible on Scribd and Issuu.