{"id":30799,"date":"2012-08-21T07:25:56","date_gmt":"2012-08-21T11:25:56","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=30799"},"modified":"2012-08-21T07:38:49","modified_gmt":"2012-08-21T11:38:49","slug":"hedge-funds-reach-record-high-of-1-2-trillion","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2012\/hedge-funds-reach-record-high-of-1-2-trillion.html","title":{"rendered":"Hedge Funds Reach Record High Of $1.2 Trillion"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2012\/08\/Unauthorised-Overdraft-Charges-Hit-Record-High.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright  wp-image-30804\" title=\"hedge funds hit record high\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2012\/08\/Unauthorised-Overdraft-Charges-Hit-Record-High.jpg\" alt=\"\" width=\"253\" height=\"191\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2012\/08\/Unauthorised-Overdraft-Charges-Hit-Record-High.jpg 421w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2012\/08\/Unauthorised-Overdraft-Charges-Hit-Record-High-300x227.jpg 300w\" sizes=\"auto, (max-width: 253px) 100vw, 253px\" \/><\/a>New York (HedgeCo.Net) &#8211; Hedge funds in\u00a0North America\u00a0are at an all-time peak and assets under management are at the historically high level of $1.2 trillion, according to the August edition of The Eurekahedge Report.<\/p>\n<p>Asia-based North America investing managers posted returns of 30.87% and 50.65% over five and three year periods, outperforming managers based in all other regions. Managers that charge higher fees and have a lower redemption frequency have also provided significant outperformance to their peers.<\/p>\n<p><strong>Other highlights include:<\/strong><\/p>\n<ul>\n<li>The Eurekahedge Hedge Fund Index was up 1.10% in July and 2.57% YTD but the industry saw net outflows of US$4.2 billion.<\/li>\n<li>Systematic trading managers gained 3% in July.<\/li>\n<li>The Mizuho-Eurekahedge Top100 Index gained 1.76% in July.<\/li>\n<li>The Mizuho-Eurekahedge CTA\/Managed Futures Index rose 3.08% in July.<\/li>\n<li>European hedge funds witnessed net outflows in 12 out of the last 15 months.<\/li>\n<li>Most asset flows in North America have been allocated to the larger funds; the largest fund in North America now accounts for 10% of the assets in the sector.<\/li>\n<li>Hedge fund attrition rate spiked up in 2Q 2012, with the number of closures exceeding the number of new launches.<\/li>\n<li>Latest research showed that investors have increased allocations to global macro investing funds and macro managers have raised over US$26 billion July YTD.<\/li>\n<\/ul>\n<p>Hedge funds rebounded strongly in July after four months of negative returns \u2013 the Eurekahedge Hedge Fund Index rose 1.10% bringing its year-to-date (YTD) gain to 2.57%.<\/p>\n<p>Hedge funds ended their longest losing streak since 2008 with positive returns of 1.10%\u00a0in July as managers captured gains from trends across various asset classes. July saw the first month of positive returns since February and the\u00a0<em>Eurekahedge Hedge Fund Index<\/em>\u00a0remained in positive territory for the year \u2013 up 2.57% July year-to-date (YTD). In comparison the MSCI World Index was up 1.05% in July and 5.47% for the year.<\/p>\n<p id=\"yui_3_2_0_1_1345546312572204\">Assets under management (AUM) increased by $10.6 billion during the month, bringing the size of the industry to $1.74 trillion. Hedge funds posted performance-based gains of $14.8 billion with managers across all strategies posting profits for the month. The increase in assets through performance was partially offset by net negative asset flows of $4.2 billion \u2013 making it the third consecutive month of net outflows from the industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; Hedge funds in\u00a0North America\u00a0are at an all-time peak and assets under management are at the historically high level of $1.2 trillion, according to the August edition of The Eurekahedge Report. Asia-based North America investing managers posted [&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-30799","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\/30799","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=30799"}],"version-history":[{"count":5,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/30799\/revisions"}],"predecessor-version":[{"id":30801,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/30799\/revisions\/30801"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=30799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=30799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=30799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}