Hedge funds back in the black with 1.05% gain, on upward trend

Hedge funds were back in the black in September as global markets trended upwards during the month. The Eurekahedge Hedge Fund Index was up 1.05% while global stock indices outperformed as the MSCI World Indexgained 3.87% in September.

Key takeaways for the month of September 2013:

• Total assets in the hedge fund industry stand at US$1.91 trillion, set to cross the highest level on record by end-2013
• Assets in long/short equity hedge funds crossed the US$600 billion mark for the first time since 2008
• Asia ex-Japan hedge funds have outperformed the underlying markets by more than 7% September year-to-date
• Greater China focused hedge funds witnessed 3 months of positive returns, up 6.22% in the third quarter of 2013
• Distressed debt investing remains the best performing strategy in 2013, up 11.25% September year-to-date
• Japanese hedge funds remained ahead of other regions, up 21.25% September year-to-date

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