The benchmark Eurekahedge Hedge Fund Index gained 1.02%1 in July while the MSCI World Index was up 4.41%2 over the month. Total assets under management increased by nearly US$15 billion during the month – the sector witnessed net positive asset flows of US$4.98 billion while gaining US$10.07 billion through performance-based gains. The total size of the industry now stands at US$1.89 trillion.
Highlights of hedge fund performance and asset flows for the month are as follows:
July 2013
|
US$ billion
|
Allocation (Inflows)
|
20.76
|
Redemption (Outflows)
|
15.78
|
Net Asset Flows
|
4.98
|
Positive Performance (Growth)
|
12.81
|
Negative Performance (Decline)
|
2.74
|
Total
|
10.07
|
Overall Total
|
15.05
|