Hedge funds attract US$50 billion in five months

Hedge funds attract US$50 billion in five months
Hedge funds witnessed the seventh consecutive month of positive returns in May amid mixed returns in global markets. The Eurekahedge Hedge Fund Index was up 0.20%¹ during the month, while the MSCI World Index² was down 0.45% in May.
Key takeaways for the month of May 2013:

• Hedge funds witnessed the 5th consecutive month of net allocations and 7th consecutive month of positive returns - up 3.89% year-to-date
• Total asset flows for 2013 currently stand at US$50 billion with total size of the industry at US$1.87 trillion
• Asia ex-Japan hedge funds outperformed underlying markets for three consecutive months - up 3.26% since end-February
• Eurekahedge is currently tracking almost 500 funds that have delivered more than 15% year-to-date and 250 funds that are up by over 20% year-to-date
• Distressed debt funds extended winning streak to 11 consecutive months, gaining 21% since end-June 2012
• CTA/managed futures funds declined by 1.69% in May 2013

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