Hedge
funds posted positive returns in April, amid divergent trends in global
markets. The benchmark Eurekahedge Hedge Fund index was up 0.87%1 while the MSCI World Index was up 2.02%2 over the month. Total assets under
management were up by US$19.87 billion during April – the sector witnessed net
positive asset flows of US$7.13 billion while witnessing profits of US$12.75
billion through performance-based gains. The total size of the industry now
stands at US$1.87 trillion.
Highlights of hedge fund performance and asset flows for the month are as follows:
Highlights of hedge fund performance and asset flows for the month are as follows:
April
2013
|
US$
billion
|
Allocation (Inflows)
|
18.78
|
Redemption (Outflows)
|
-11.65
|
Net
Asset Flows
|
7.13
|
Positive Performance (Growth)
|
14.91
|
Negative Performance (Decline)
|
-2.16
|
Total
|
12.75
|
Overall Total
|
19.87
|