{"id":20621,"date":"2011-02-16T07:52:17","date_gmt":"2011-02-16T11:52:17","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=20621"},"modified":"2011-02-16T08:01:16","modified_gmt":"2011-02-16T12:01:16","slug":"global-hedge-funds-hit-1-68-trillion-in-january","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2011\/global-hedge-funds-hit-1-68-trillion-in-january.html","title":{"rendered":"Global Hedge Funds Hit $1.68 Trillion In January"},"content":{"rendered":"<p>New York (HedgeCo.net) &#8211; Hedge funds recorded the seventh consecutive month of positive returns in January as the\u00a0<strong>Eurekahedge Hedge Fund Index<\/strong> gained 0.06%\u00a0amid mixed performances seen across regional and strategic mandates.<\/p>\n<p>The industry attracted US$3.39 billion in net asset flows while performance-based growth was negative US$2.13 billion. Total assets under management increased by US$1.26 billion to reach US$1.68 trillion.<\/p>\n<p>Highlights from the Eurekahedge report include:<a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/02\/0cc09_increaseArrowUp.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-20623\" title=\"hedge funds\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/02\/0cc09_increaseArrowUp-300x300.jpg\" alt=\"\" width=\"210\" height=\"210\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2011\/02\/0cc09_increaseArrowUp-300x300.jpg 300w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2011\/02\/0cc09_increaseArrowUp-150x150.jpg 150w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2011\/02\/0cc09_increaseArrowUp.jpg 304w\" sizes=\"auto, (max-width: 210px) 100vw, 210px\" \/><\/a><\/p>\n<ul>\n<li>Assets under management in global hedge funds hit US$1.68 trillion \u2013 making them on track to cross US$1.7 trillion by quarter-end.<\/li>\n<\/ul>\n<ul>\n<li>While the Eurekahedge Hedge Fund Index was flat at 0.13%1 for January 2011, Japan and Korea both had strong months up 1.1% and 1.57% respectively.<\/li>\n<\/ul>\n<ul>\n<li>Distressed debt funds continue their strong up performance \u2013 gaining 1.37% in January.<\/li>\n<\/ul>\n<ul>\n<li>North American hedge funds witness 12 months of net positive asset flows &#8211; marking the longest continuous stretch of positive asset flows since 2004.<\/li>\n<\/ul>\n<ul>\n<li>Strong launch activity continued into 2011, with more than 30 funds launched in January.<\/li>\n<\/ul>\n<ul>\n<li>European hedge funds gained US$20.3 billion through net positive asset flows since July.<\/li>\n<\/ul>\n<ul>\n<li>56% of hedge fund managers are above their high-water mark since December 2008.<\/li>\n<\/ul>\n<p>The <strong>Dow Jones Credit Suisse Hedge Fund Index<\/strong> rose 0.69% in January, with six out of ten sectors posting positive performance for the month. Convertible Arbitrage was the best performing sector, finishing up 2.16%. Positive performance was also seen in the Event Driven sector, which finished up 1.80%, with all three of its sub-indices posting positive performance.&#8221; Oliver Schupp, President of Credit Suisse Index Co., LLC, said.<\/p>\n<p>Editing by Alex Akesson<br \/>\nFor <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; Hedge funds recorded the seventh consecutive month of positive returns in January as the\u00a0Eurekahedge Hedge Fund Index gained 0.06%\u00a0amid mixed performances seen across regional and strategic mandates. The industry attracted US$3.39 billion in net asset flows [&hellip;]<\/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-20621","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\/20621","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=20621"}],"version-history":[{"count":5,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20621\/revisions"}],"predecessor-version":[{"id":20625,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20621\/revisions\/20625"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=20621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=20621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=20621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}