{"id":36770,"date":"2013-07-16T10:55:02","date_gmt":"2013-07-16T14:55:02","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=36770"},"modified":"2013-07-16T11:08:44","modified_gmt":"2013-07-16T15:08:44","slug":"hedge-fund-assets-down-20-94-billion-in-june","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2013\/hedge-fund-assets-down-20-94-billion-in-june.html","title":{"rendered":"Hedge Fund Assets Down $20.94 Billion In June"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2013\/07\/arrow-down-with-little-man11.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-36780\" alt=\"arrow-down-with-little-man1\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2013\/07\/arrow-down-with-little-man11-300x133.jpg\" width=\"300\" height=\"133\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2013\/07\/arrow-down-with-little-man11-300x133.jpg 300w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2013\/07\/arrow-down-with-little-man11-1024x456.jpg 1024w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2013\/07\/arrow-down-with-little-man11.jpg 1038w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>New York (HedgeCo.Net) &#8211;\u00a0Hedge funds suffered losses this month according to the new Eurekahedge report.\u00a0&#8220;Hedge funds recorded negative returns in June ending their seven month winning run, as global markets witnessed broad based declines during the month.&#8221;<\/p>\n<p>Total assets under management were down by $20.94 billion \u2013 the sector witnessed net negative asset flows of $2.12 billion while losing $18.82 billion through performance based losses. The total size of the industry now stands at $1.89 trillion.<\/p>\n<p id=\"yui_3_7_2_1_1373985248502_4341\">Highlights from this month&#8217;s report include:<\/p>\n<div id=\"yui_3_7_2_1_1373985248502_4361\">\n<ul id=\"yui_3_7_2_1_1373985248502_4360\">\n<li id=\"yui_3_7_2_1_1373985248502_4365\">Hedge funds end their 7 month winning streak, down 0.69% in June<\/li>\n<li id=\"yui_3_7_2_1_1373985248502_4364\">Assets under management declined by $21 billion in June and currently stand at $1.89 trillion<\/li>\n<li id=\"yui_3_7_2_1_1373985248502_4363\">Launch activity picks up with more than 300 funds launched so far in the year<\/li>\n<li id=\"yui_3_7_2_1_1373985248502_4368\">Eurekahedge is currently tracking more than 500 funds that have delivered over 15% year-to-date and 250 funds that are up by over 20% year-to-date<\/li>\n<li>Distressed debt funds end 11-month winning run after gaining 21% from June 2012 to May 2013<\/li>\n<li>CTA\/ managed futures funds in negative territory for the year, down 1.35% year-to-date<\/li>\n<li>Updated figures for May show that the industry grew by $28 billion during the month<\/li>\n<li>AUM of North American hedge funds currently at $1.29 trillion, expected to cross historical high of $1.3 trillion by end June<\/li>\n<li>North American and fixed income hedge funds witness largest performance-based declines in almost 2 years<\/li>\n<li id=\"yui_3_7_2_1_1373985248502_4366\">Hedge funds post largest monthly loss in one year; long\/short equity funds end twelve month winning streak<\/li>\n<\/ul>\n<p>The benchmark\u00a0<em>Eure<\/em><em>kahedge Hedge F<\/em><em>und index<\/em>\u00a0declined 0.69%\u00a0in June while the MSCI World Index was down 3.10%\u00a0over the month.<\/p>\n<p>Editing by Alex Akesson<br \/>\nFor\u00a0<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>\u00a0is a premier\u00a0<a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\/\">hedge fund database<\/a>\u00a0and community for qualified and accredited investors only. Membership in\u00a0<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a>\u00a0is FREE and EASY. We also offer FREE LISTINGS for\u00a0<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">Hedge Funds<\/a>!<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211;\u00a0Hedge funds suffered losses this month according to the new Eurekahedge report.\u00a0&#8220;Hedge funds recorded negative returns in June ending their seven month winning run, as global markets witnessed broad based declines during the month.&#8221; Total assets under [&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-36770","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\/36770","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=36770"}],"version-history":[{"count":6,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/36770\/revisions"}],"predecessor-version":[{"id":36775,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/36770\/revisions\/36775"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=36770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=36770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=36770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}