{"id":18923,"date":"2010-11-16T09:18:32","date_gmt":"2010-11-16T13:18:32","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=18923"},"modified":"2010-11-16T09:31:55","modified_gmt":"2010-11-16T13:31:55","slug":"hedge-funds-attract-61-billion-so-far-in-2010","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2010\/hedge-funds-attract-61-billion-so-far-in-2010.html","title":{"rendered":"Hedge Funds Attract $61 Billion So Far In 2010"},"content":{"rendered":"

New York (HedgeCo.net) – Hedge funds attracted $61 billion over the first 10 months of 2010, \u00a0according to the November 2010 Eurekahedge Report,\u00a0taking the hedge fund industry to $1.63 trillion, above October 2008 level.<\/p>\n

Hedge funds are up 7.33% YTD October, ahead of global markets by 4.64%.\u00a0The Eurekahedge Long\/Short Equity Hedge Fund Index is up 29.8% over the last 24 months and assets in long\/short equity funds crossed US$500 billion.<\/p>\n

All regional mandates delivered positive returns, with the exception of Japanese managers, as global markets kept up the momentum built up in September, Eurekahedge said. A strong corporate earnings season and expectations of further quantitative easing resulted in healthy movements in the underlying markets.<\/p>\n

\"\"<\/a>Asia ex-Japan funds continued their strong run, coming out on top for the fourth consecutive month, with gains of 3.08% and all strategies ending the month in positive territory. Managers investing in China witnessed a second month of excellent returns, up 3.78%, taking their two-month gain to 10.33%. Chinese managers were helped by a strong run in the underlying equity markets \u2013 the Shanghai Composite rose 11.53% while the Hang Seng gained 3.30%.<\/p>\n

Managers in developed markets also registered some strong gains, with the Eurekahedge North American Hedge Fund Index gaining 2.47% in October. The healthy corporate earnings environment and increased investor confidence resulted in favourable conditions for equity based strategies \u2013 the S&P 500 was up 3.69% for the month.<\/p>\n

Strong launch activity was seen in the first three quarters, with more than 600 funds launched in 2010 so far Eurekahedge reported.<\/p>\n

Editing By Alex Akesson<\/p>\n","protected":false},"excerpt":{"rendered":"

New York (HedgeCo.net) – Hedge funds attracted $61 billion over the first 10 months of 2010, \u00a0according to the November 2010 Eurekahedge Report,\u00a0taking the hedge fund industry to $1.63 trillion, above October 2008 level. Hedge funds are up 7.33% YTD […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[919,3],"tags":[],"class_list":["post-18923","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-research","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=18923"}],"version-history":[{"count":7,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18923\/revisions"}],"predecessor-version":[{"id":18925,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18923\/revisions\/18925"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=18923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=18923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=18923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}