1. International

  2. News
  3. News

Asian managers outperformed global peers as hedge funds up 8% in 2013

India Infoline News Service | Mumbai |

The Eurekahedge Hedge Fund Index was up 0.99% during the month. The MSCI World Index gained 1.67% in the month of December.

Hedge funds delivered their fourth consecutive month of positive returns as global markets ended the year on a strong note of optimism. The Eurekahedge Hedge Fund Index was up 0.99% during the month. The MSCI World Index gained 1.67% in the month of December.
Key takeaways for the month of December 2013:
  • Total assets in the hedge fund industry rose to US$2.01 trillion, the highest level on record since June 2008 when global AUM peaked at US$1.95 trillion
  • Net asset flows for 2013 stood at US$146.1 billion, with net allocations to North American managers standing at US$73.6 billion year-to-date
  • European fund managers were up 8.79% in 2013 with net asset inflows for the year standing at US$62.4 billion - the highest level on record
  • Asia ex-Japan hedge funds outperformed underlying markets and were up 13.47% in 2013 with overall assets under management growing by US19.1 billion during the past year
  • Greater China focused hedge funds outperformed the Hang Seng Index by more than 16% in 2013
  • Latin America focused managers have outperformed the MSCI EM Latin America Index2 by more than 9% in 2013
  • Distressed debt investing remained the best performing strategy in 2013, up 16.76% for the year, followed by long/short equities which saw gains of 14.87%
  • Japanese hedge funds comprehensively outperformed all regional mandates, up 26.62% in 2013
  • In 2013, almost 2,750 funds in the Eurekahedge database achieved returns greater than 10% - of which over 1,000 were up more than 20% for the year.


 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.