{"id":37511,"date":"2013-08-20T12:49:51","date_gmt":"2013-08-20T16:49:51","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=37511"},"modified":"2013-08-20T13:05:30","modified_gmt":"2013-08-20T17:05:30","slug":"eurekahedge-funds-of-hedge-funds-outperform-single-managers","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2013\/eurekahedge-funds-of-hedge-funds-outperform-single-managers.html","title":{"rendered":"EurekaHedge: Funds of Hedge Funds Outperform Single Managers"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2013\/08\/photo.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-37518\" alt=\"photo\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2013\/08\/photo.jpg\" width=\"250\" height=\"250\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2013\/08\/photo.jpg 250w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2013\/08\/photo-150x150.jpg 150w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/><\/a>New York (HedgeCo.net) &#8211; Hedge funds are back to their winning ways in July as global markets bounced back from a retreat in June, according to the newly released August 2013 Eurekahedge Report. The\u00a0Eurekahedge Hedge Fund Index\u00a0was up 1.02%\u00a0during the month and the MSCI World Index\u00a0was up by 4.83% in July.<\/p>\n<p>Total assets under management increased by $15.1 billion during the month, bringing the size of the industry to $1.89 trillion. Most of the increase in total assets came from positive performance in July as managers gained $10.1 billion over the course of the month. The industry also witnessed net positive asset flows of $5.0 billion.<\/p>\n<p><strong>Highlights for August include:<\/strong><\/p>\n<p>\u00b7 Hedge funds up by 1.02% in July, with 70% of reporting funds delivering positive returns during the month<\/p>\n<p>\u00b7 Funds of hedge funds outperformed single managers so far in 2013, up 3.83% July 2013 year-to-date versus 3.54%<\/p>\n<p>\u00b7 Japanese hedge funds outperformed the Nikkei 225 for the third consecutive month, gaining 18.43% as at end-July 2013<\/p>\n<p>\u00b7 As at end-July 2013, Eurekahedge is currently tracking more than 550 funds that have delivered over 15%, 300 funds that are up more than 20% and 100 funds up more than 30%<\/p>\n<p>\u00b7 Assets under management increased by US$15.1 billion in July and currently stand at US$1.89 trillion<\/p>\n<p>\u00b7 CTA\/managed futures funds in negative territory for the year, down 2.27% year-to-date<\/p>\n<p>All major hedge fund investment regions, witnessed positive returns during the month. The Eurekahedge Asia ex Japan Hedge Fund Index saw the strongest gains amongst all regional mandates \u2013 up 1.93%, outperforming the MSCI Asia ex-Japan Index which was up 1.84% in July. North American hedge funds posted gains of 1.44% during the month as the S&amp;P500 surged 4.95% in July on the back of upbeat corporate earnings, Fed announcements as well as positive macroeconomic data.<\/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","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; Hedge funds are back to their winning ways in July as global markets bounced back from a retreat in June, according to the newly released August 2013 Eurekahedge Report. The\u00a0Eurekahedge Hedge Fund Index\u00a0was up 1.02%\u00a0during the [&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-37511","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\/37511","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=37511"}],"version-history":[{"count":9,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37511\/revisions"}],"predecessor-version":[{"id":37515,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37511\/revisions\/37515"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=37511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=37511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=37511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}