The Eurekahedge Report - February 2013

Hedge funds posted their strongest January performance since 2006 amid rallying equity markets globally. The benchmark Eurekahedge Hedge Fund Index was up 2.32%¹ while the MSCI World Index gained 4.66%² over the month. Total assets under management were up by US$17.8 billion during December – the sector added performance-based gains of US$13.9 billion while also witnessing net positive asset flows of US$3.9 billion. The total size of the industry now stands at US$1.79 trillion.

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

January 2013	US$ billion
Allocation (Inflows)	19.60
Redemption (Outflows)	-15.74
Net Asset Flows	3.86
Positive Performance (Growth)	23.02
Negative Performance (Decline)	-9.09
Total	13.93
Overall Total	17.79

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

Hedge funds start the year with positive returns of 1.98%

Hedge funds posted excellent returns in January on the back of rising risk appetite and rallying equity markets globally. The Eurekahedge Hedge Fund Index was up 1.98%¹ during the month, while the MSCI World Index² gained 4.66%. 

Key takeaways for the month of January 2013:

• 80% of hedge funds reported positive performance in January, compared to the 2012 monthly average of 60%
• Asia ex-Japan and Eastern Europe & Russia hedge funds outperformed underlying markets, up by 5.03% and 7.67% respectively
• Distressed debt hedge funds gained 3.47% in January; delivering the strongest results among the various strategies for 6 consecutive months with gains of 14% over this period
• Japanese hedge funds witnessed the strongest January return on record
• Relative value funds continued their winning streak into the 8th month with gains of 1.12% in January
• The asset-weighted Mizuho-Eurekahedge Asia ex-Japan Long Short Equities Index was up 4.64% during the month
• CTA/managed futures funds gained 1.69% in January – more than their annual 2012 return

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