Hedge funds delivered positive performance in November, despite mid-month trend reversals in various sectors due to increased risk appetite. The benchmark Eurekahedge Hedge Fund index was up 0.42% while the MSCI World Index gained 1.05% over the month. Total assets under management were up by US$7.68 billion during November, of which US$5.85 billion were added through net positive asset flows and the remaining US$1.82 billion through performance-based gains. The total size of the industry now stands at US$1.77 trillion.
Highlights of hedge fund performance and asset flows for the month are as follows:
November 2012 | US$ billion |
Allocation (Inflows) |
33.41
|
Redemption (Outflows) |
-27.56
|
Net Asset Flows |
-5.85
|
Positive Performance (Growth) |
9.92
|
Negative Performance (Decline) |
-8.10
|
Total |
1.82
|
Overall Total |
7.68
|
To read more, please see full Eurekahedge Report, also accessible on Scribd & Issuu.
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