Hedge Fund News From HedgeCo.Net


Hedge Funds Outperform Underlying Markets In January

download (2)New York (HedgeCo.Net) – Hedge funds surpassed the MSCI World Index by over 3% in January, according to new data from the February 2014 Eurekahedge report. Almost 90% of fund managers outperformed underlying markets during the month.

Final figures for 2013 put the growth in global hedge fund AUM at $240 billion. Investors allocated $4.4 billion to long/short equity strategy hedge funds in January.

Hedge fund performance-based gains and net asset inflows for the year stand at $103 billion and $137 billion respectively. Eurekahedge also reports that for the first time ever, fund of hedge funds outperformed underlying single managers, up 8.09% in 2013 – their best performance in the last four years.

Other highlights include:

  • CTA/managed futures strategy recorded net outflows of $7.9 billion in 2H 2013 as trend following strategies ended 2013 in negative territory
  • Developed markets investing hedge funds fared better than those focused on emerging economies, with North American, European and Japanese hedge funds delivering positive returns amid difficult market conditions
  • Emerging markets investing hedge funds outperformed the MSCI EM Index by 2.3% during the month, and by 4.9% overall in 2013
  • Distressed debt hedge funds delivered the best returns during the month – up 2.05% with the Eurekahedge North America Distressed Debt Hedge Fund Index gaining 3.25% in January
  • The population of Asian hedge funds increased in 2013 with 143 launches and 108 closures – total number of funds currently stand at 1,333 managing $146.7 billion

Average hedge fund management and performance-based fees for new launches dropped to 1.4% and 16.0% respectively in 2013.

Alex Akesson
Editor for HedgeCo.net
alex@hedgeco.net
HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership in HedgeCo.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!

 

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Hedge Fund Performance, Hedge Fund Strategies, HedgeCo News. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>