New York (HedgeCo.net) – The Dow Jones Credit Suisse Hedge Fund Index team has released its 2011 H1 Hedge Fund Industry Review. The report examines the drivers of hedge fund performance and asset growth in the first half of 2011.
Some key conclusions from the report include:
- Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, were up 1.7% in the first half of 2011, posting positive performance in four out of six months
- The industry saw an estimated $33.8 billion in inflows in the first half of 2011. At this pace, the industry is on track to triple the asset inflows received in 2010
- Fixed Income Arbitrage experienced the largest inflows in the first half of 2011, gaining $18.4 billion followed by Global Macro (+$14.4 billion) and Long/Short Equity (+$9.0 billion)
- Including performance gains, we estimate current industry assets under management grew to $1.8 trillion as of June 30, 2011 up from $1.7 trillion on December 31, 2010
- Large hedge funds (those with over $500 million) continued to dominate asset raising in the second quarter of 2011 with over $12.1 billion of inflows
In addition, the team has also published a new monthly commentary which offers insight into June hedge fund performance.
Editing by Alex Akesson
