The Eurekahedge Report – November 2013

The benchmark Eurekahedge Hedge Fund Index was up 1.41%¹ in October, lagging behind the MSCI World Index² which gained 3.75% over the month. Total assets under management increased by US$19.71 billion during the month and the sector witnessed net positive asset flows of US$1.16 billion, while also registering performance-based gains of US$18.55 billion. The total size of the industry now stands at US$1.97 trillion.

Highlights of hedge fund performance and asset flows for the month are as follows:

October 2013	US$ billion
Allocation (Inflows)	12.21
Redemption (Outflows)	-11.05
Net Asset Flows	1.16
Positive Performance (Growth)	19.54
Negative Performance (Decline)	-0.09
Total	18.55
Overall Total	19.71

 To read more, please see full Eurekahedge Report, also accessible on Scribd & Issuu.

Hedge funds raised US$100 billion through asset flows in 2013

Hedge funds delivered healthy gains in October as global markets trended upwards during the month. The Eurekahedge Hedge Fund Index was up 1.40% during the month, while global stock indices outperformed as the MSCI World Index gained 3.75% in October.

Key takeaways for the month of October 2013:

• Hedge funds raised US$100 billion through asset flows in 2013 as at end-October
• 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 Greater China focused funds reached US$12.9 billion, the highest level on record
• Asia ex-Japan hedge funds have outperformed the underlying markets by more than 5% October year-to-date
• Japanese hedge funds remained ahead of other regions, up 22.68% as at end-October

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

The Eurekahedge Report – October 2013

The benchmark Eurekahedge Hedge Fund Index was up 1.18%¹ in September, lagging behind the MSCI World Index² which gained 3.87% over the month. Total assets under management increased by US$4.24 billion during the month. The sector witnessed net positive asset flows of US$1.23 billion while also registering performance-based gains of US$3.01 billion. The total size of the industry now stands at US$ 1.91 trillion.

Highlights of hedge fund performance and asset flows for the month are as follows:

September 2013	US$ billion
Allocation (Inflows)	5.04
Redemption (Outflows)	-3.81
Net Asset Flows	1.23
Positive Performance (Growth)	3.91
Negative Performance (Decline)	-0.90
Total	3.01
Overall Total	4.24

 To read more, please see full Eurekahedge Report, also accessible on Scribd & Issuu.

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.

The Eurekahedge Report – September 2013

The benchmark Eurekahedge Hedge Fund Index was down 0.23%¹ in August while the MSCI World Index declined 2.26%² over the month. Total assets under management decreased by US$6.3 billion during the month and the sector witnessed net negative asset flows of US$1.62 billion while also posting losses of US$4.67 billion from performance. The total size of the industry now stands at US$1.90 trillion.

Highlights of hedge fund performance and asset flows for the month are as follows:

August 2013	US$ billion
Allocation (Inflows)	8.51
Redemption (Outflows)	-10.14
Net Asset Flows	-1.62
Positive Performance (Growth)	21.90
Negative Performance (Decline)	-26.58
Total	-4.67
Overall Total	-6.30

 To read more, please see full Eurekahedge Report, also accessible on Scribd & Issuu.

Hedge funds witnessed mixed returns - down 0.32% amid uncertainty in global markets

Hedge funds witnessed slightly negative returns in August amid increased risk aversion in global markets during the month. The Eurekahedge Hedge Fund Index was down 0.32% during the month, outperforming global stock indices as the MSCI World Index declined by 2.26% in August.

Key takeaways for the month of August 2013:

• Global hedge fund AUM declined by more than US$6 billion in August
• Launch activity picks up pace in 2013 with more than 500 funds launched globally July year-to-date
• Hedge funds across major regions outperformed underlying markets in August
• Distressed debt investing remains the best performing strategy in 2013, up 10% as at end-August
• Japanese hedge funds outperformed the Nikkei 225 for the fourth consecutive month, up 18.82% year-to-date
• At 2013 year-to-date, Eurekahedge is tracking more than 600 funds that have delivered over 15% and 200 funds that are up more than 30%

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

The Eurekahedge Report – August 2013

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

 To read more, please see full Eurekahedge Report, also accessible on Scribd & Issuu.

Hedge funds bounce back from lull to deliver winning returns in July

Hedge funds returned to their winning ways in July as global markets bounced back from a retreat in June. The Eurekahedge Hedge Fund Index was up 0.90% during the month, the MSCI World Index was up by 4.83% in July.

Key takeaways for the month of July 2013:

• Hedge funds up by 0.90% in July, with 70% of reporting funds delivering positive returns during the month
• Funds of hedge funds outperformed single manager funds in July, up 0.98% and remain ahead year-to-date
•  Japanese hedge funds outperformed the Nikkei 225 for the third consecutive month, up 18.63% as at end-July 2013
• Hedge funds witnessed positive asset flows in July; net allocations for the year currently stand at US$75 billion
• As at end-July 2013, Eurekahedge is currently tracking more than 550 funds that have delivered over 15%, 300 funds that are up more than 20% and 100 funds up more than 30%

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

The Eurekahedge Report – July 2013

The benchmark Eurekahedge Hedge Fund index declined 0.69%¹in June while the MSCI World Index was down 3.10%² over the month. Total assets under management were down by US$20.94 billion during June – the sector witnessed net negative asset flows of US$2.12 billion while losing US$18.82 billion through performance based losses. 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:

June 2013	US$ billion
Allocation (Inflows)	8.83
Redemption (Outflows)	-10.95
Net Asset Flows	-2.12
Positive Performance (Growth)	7.42
Negative Performance (Decline)	-26.24
Total	-18.82
Overall Total	-20.94

 To read more, please see full Eurekahedge Report, also accessible on Scribd & Issuu.