New York (HedgeCo.Net) – There are a number of hedge fund indices that try to accurately record how the industry performs from day to day, week to week and month to month. Earlier this week there was the report from HFRI that showed that the average hedge fund inched up in May. Similar news was released by Eurekahedge, showing their index gained 0.43% for the month and giving it a gain of 4.37% for the year.

The report also showed that assets under management for hedge funds have increased by $86.5 billion so far in 2015. Other takeaways showed the Eurekahedge Equity long/short index up 7.17% through the first five months and Chinese focused funds turned in the strongest performance with a gain of 25.21%.

The performance from the Asian markets has allowed those funds focused on the region to grow their AUM by $15 billion so far in 2015 and that brought the total to $176 billion. This is the highest AUM for Asian focused funds since before the bear market in 2008.

Rick Pendergraft
Research Analyst
HedgeCoVest