New York (HedgeCo.Net) – US hedge fund AUM went past the $1.4 trillion mark, with assets growing by $62.6 billion in 2014, new data from independent data provider and research house Eurekahedge shows.
Long/short equity, fixed income and multi-strategy funds retained the top three slots in terms of investor allocations attracting with $55.5 billion, $15.6 billion and $10.1 billion respectively of net asset flows July 2014 year-to-date.
Other highlights include:
- European hedge funds attracted $33.4 billion in net asset flows as at July 2014 year-to-date, up from $29.4 billion over the same period last year.
- Asia ex-Japan hedge funds outperformed all other regional mandates and are up 6.50% year-to-date and have seen their AUM grow by US$6.5 billion so far this year.
- Greater China investing hedge funds bounced back to report their third consecutive month of positive returns – up 4.13% in July and 2.90% year-to-date.
Activist hedge fund’s AUM grew by over $30 billion since the start of 2013. However, the population of CTA/managed futures funds shrank by 93 funds in the first half of the year and has witnessed net asset outflows of US$11.5 billion as at July 2014 year-to-date.
Editing by Alex Akesson
For HedgeCo.net
alex@hedgeco.net
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