Hedge funds hit record high AUM… hedge fund make worst start to a year since 2008…
- Published: Saturday, 26 April 2014 20:52
Hedge funds up 0.87 per cent in Q1 2014, with fund managers delivering performance-based gains of USD21 billion and recording net asset inflows of USD38 billion over this period – bringing the current AUM of the global hedge fund industry to USD2.07 trillion, a new record high.
Eurekahedge North America Hedge Fund Index was up 2.25 per cent in the first quarter of 2014, outperforming the S&P 500 (INDEXSP:.INX) index which gained 1.30 per cent over this period. Long/short equities funds record their 16th consecutive month of positive net asset flows, with net capital allocations to the strategy for Q1 2014 at USD38.5 billion and total assets in long/short equities hedge funds standing at USD704.6 billion – nearing close to their historical high of USD756 billion reached in December 2007.
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