{"id":20038,"date":"2011-01-19T08:48:03","date_gmt":"2011-01-19T12:48:03","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=20038"},"modified":"2011-01-19T08:48:03","modified_gmt":"2011-01-19T12:48:03","slug":"eurekahedge-hedge-funds-grew-by-34-1-billion-in-2010","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2011\/eurekahedge-hedge-funds-grew-by-34-1-billion-in-2010.html","title":{"rendered":"Eurekahedge: Hedge Funds Grew By $34.1 Billion In 2010"},"content":{"rendered":"

New York (HedgeCo.net) – Hedge funds assets under management grew by US$34.1 billion through December as managers ended 2010 on a high note. The Eurekahedge Hedge Fund Index posted a strong return of 3.01%[1] in the month, bringing the yearly return to 10.93%. This marks an outperformance to underlying markets in the yearly return measure as the MSCI World Index[2] delivered a 7.83% return for the year.<\/p>\n

The total assets in the hedge fund industry reached US$1.67 trillion as the funds posted significant profits and attracted significant capital in December. Performance-based gains accounted for US$26 billion as managers delivered substantial gains on the back of resurgent markets. The sector witnessed net positive asset flows to the tune of US$8.11 billion. Although December is usually a relatively slow month for inflows, the heightened market sentiment led to greater than normal inflows last month.<\/p>\n

Figure 1 shows the monthly asset flows across the hedge fund industry since December 2008.\"\"<\/a><\/p>\n

Highlights for the month of December include:<\/strong><\/p>\n

\u00b7 Hedge funds posted double-digit growth in 2010, up 10.93%, and outperformed underlying markets by 3.10%.<\/p>\n

\u00b7 The global hedge fund industry grew by US$34 billion in December \u2013 total asset growth for the year stood at US$186.6 billion.<\/p>\n

\u00b7 Total assets in the industry reach US$1.67 trillion and are on track to cross the historical high of US$1.95 trillion by end of 2011.<\/p>\n

\u00b7 North America was the best performing hedge fund region in 2010 up 13.33% for the year and assets in North American hedge funds crossed US$1.1 trillion (67% of the total industry) for the first time since September 2008.<\/p>\n

\u00b7 Japanese hedge funds posted their best annual returns in 5 years, up 8.43% in 2010, and crossed US$15 billion for the first time since 2008.<\/p>\n

\u00b7 The Latin American hedge fund industry reaches a historical high of almost US$60 billion (Asia first reached US$60 billion in 2004 and went on to peak at US$ 176 billion 3 years later).<\/p>\n

\u00b7 All regional and strategic hedge fund indices in the Eurekahedge index suite delivered positive returns for the second year running.<\/p>\n

\u00b7 Distressed debt was the best performing strategy in 2010 and finished the year with gains of 20.78%.<\/p>\n

\u00b7 More than 50% of total asset flows in 2010 (US$37.1 billion) went to long\/short equity funds, which constitute 31.2% of the total industry.<\/p>\n

Hedge funds were up for the sixth consecutive month in December, posting a return of 3.01%[3] for the month as global markets rallied at year\u2018s end on the back of an upbeat US market outlook. The Eurekahedge Hedge Fund Index posted double-digit growth in 2010, ending the year with a gain of 10.93% and beating the underlying markets by more than 3.10%. The MSCI World Index[4] was up 5.55% in December and 7.83% for the year.<\/p>\n

Editing by Alex Akesson
\nFor HedgeCo.net<\/a>
\nalex@hedgeco.net<\/a>
\nHedgeCo.Net<\/a> is a premier hedge fund database<\/a> and community for qualified and accredited investors only. Membership in HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

New York (HedgeCo.net) – Hedge funds assets under management grew by US$34.1 billion through December as managers ended 2010 on a high note. The Eurekahedge Hedge Fund Index posted a strong return of 3.01%[1] in the month, bringing the yearly […]<\/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-20038","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\/20038","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=20038"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20038\/revisions"}],"predecessor-version":[{"id":20043,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20038\/revisions\/20043"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=20038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=20038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=20038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}