{"id":39455,"date":"2013-12-09T07:33:12","date_gmt":"2013-12-09T12:33:12","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=39455"},"modified":"2013-12-09T15:31:08","modified_gmt":"2013-12-09T20:31:08","slug":"industry-record-hedge-fund-assets-reach-1-97-trillion-bitcoin-gains","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2013\/industry-record-hedge-fund-assets-reach-1-97-trillion-bitcoin-gains.html","title":{"rendered":"Industry Record: Hedge Fund Assets Reach $1.97 Trillion"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2013\/10\/bitcoins.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-38839\" alt=\"bitcoins\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2013\/10\/bitcoins-300x188.jpg\" width=\"300\" height=\"188\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2013\/10\/bitcoins-300x188.jpg 300w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2013\/10\/bitcoins.jpg 1000w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>New York (HedgeCo.Net) &#8211; All hedge fund strategies, excluding relative value, were in the positive in November, Eurekahedge reports today. Fixed income fund managers lead the pack with returns of 7.28% during the month.<\/p>\n<p>The handful of fixed income funds which were investing in &#8220;bitcoins&#8221; saw gains during November as leading central banks recognized the virtual currency as legal tender. However, the price of the crypto-currency got crushed in December, falling from $1,200 per &#8220;coin&#8221; to less than $600, the LA Times reports.<\/p>\n<p>&#8220;Bitcoins will undoubtedly rise in quoted value again, and also fall again. The one inevitability about them is their volatility, to which there&#8217;s no end in sight.&#8221; The paper said.<a href=\"http:\/\/www.latimes.com\/business\/hiltzik\/la-fi-mh-the-bitcoin-crash-20131207,0,7011276.story#ixzz2myspa6Jo\"><br \/>\n<\/a><\/p>\n<p>Other Highlights from Eurekahedge for the month of November include:<\/p>\n<ul>\n<li>Total assets in the hedge fund industry are now at a record of $1.97 trillion, surpassing the previous record of $1.95 trillion in June 2008<\/li>\n<li>Net asset flows for the year recorded at $122.2 billion, with net allocations to North American managers standing at $64.0 billion year-to-date<\/li>\n<li>European fund managers were up 7.41% November year-to-date with net asset inflows for the year standing at $48.2 billion &#8211; the highest level on record<\/li>\n<li>Asia ex-Japan hedge funds have outperformed the underlying markets by more than 10% November year-to-date<\/li>\n<li>Greater China focused hedge funds outperformed the Hang Seng Index by over 12% as at end-November<\/li>\n<li>Latin America focused managers posted fifth consecutive month of positive returns &#8211; outperforming the MSCI EM Latin America Index by almost 8% on a year-to-date basis<\/li>\n<li>Distressed debt investing remain the best performing strategy in 2013, up 14.81% November year-to-date<\/li>\n<li>Japanese hedge funds remained ahead of other regions, up 24% as at end-November<\/li>\n<\/ul>\n<p>The Eurekahedge Hedge Fund Index was up 1.37% during the month, edging past the MSCI World Index which gained 1.27% in the month of November.\u00a0Eurekahedge is currently tracking over 1200 funds with year-to-date returns in excess of 15%.<\/p>\n<p>Alex Akesson<br \/>\nEditor for\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; All hedge fund strategies, excluding relative value, were in the positive in November, Eurekahedge reports today. Fixed income fund managers lead the pack with returns of 7.28% during the month. The handful of fixed income funds [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16044,919,3],"tags":[],"class_list":["post-39455","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-strategies-2","category-hedge-fund-research","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39455","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=39455"}],"version-history":[{"count":10,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39455\/revisions"}],"predecessor-version":[{"id":39491,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39455\/revisions\/39491"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=39455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=39455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=39455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}