{"id":39813,"date":"2014-01-02T09:08:07","date_gmt":"2014-01-02T14:08:07","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=39813"},"modified":"2014-01-02T09:14:28","modified_gmt":"2014-01-02T14:14:28","slug":"hedge-funds-up-225-billion-in-2013","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2014\/hedge-funds-up-225-billion-in-2013.html","title":{"rendered":"Hedge Funds Up $225 Billion In 2013, Record Year For FoHFs"},"content":{"rendered":"

\"images\"<\/a>New York (HedgeCo.Net) – Hedge fund managers were up 2.53% in the first half and 5.36% in the second half of the year, according to today’s Eurekahedge update. Funds of hedge funds had their best year relative to the hedge fund industry on record.<\/p>\n

Among investment strategies, distressed debt investing hedge funds were the best performers during the year, with long short equity and event driven strategies also delivering strong returns.<\/p>\n

In terms of capital raising, North American fund managers were the most successful attracting US$73.6 billion of asset inflows during the year, followed by European and Asia ex-Japan fund managers who saw capital allocations of US$62.4 billion and US$11.0 billion in 2013.<\/p>\n

Hedge fund highlights for 2013:<\/strong>
\n\u00b7 Hedge fund returns were up for the fourth consecutive month with the Eurekahedge Hedge Fund Index gaining 0.99% in December and 8.02% overall in 2013<\/p>\n

\u00b7 Total assets grew by US$228.8 billion \u2013 the fastest annual growth on record since 2007 with total assets under management of the hedge fund industry standing at a historic high of US$2.01 trillion<\/p>\n

\u00b7 Hedge fund managers attracted US$146.1 billion in the form of net capital allocations during the year \u2013 an impressive turnaround given the industry saw a total of US$109.6 billion of net asset flows in the previous three years combined<\/p>\n

\u00b7 Hedge funds focused on Asia Pacific realised the best returns and were up 15.3% in 2013 with Japan and Greater China focused hedge funds delivering the best regional results up 25.7% and 19.3% respectively.<\/p>\n

\u00b7 The Mizuho-Eurekahedge Index, an asset-weighted index, finished the year with gains of 6.63% indicating that the larger funds slightly underperformed the small and medium sized funds.<\/p>\n

\u00b7 Distressed debt hedge funds delivered the strongest performance among all strategies, gaining 16.8% in 2013, while long\/short equities hedge funds were up 14.3% followed by event driven hedge funds which gained 11.3% during the year<\/p>\n

\u00b7 The Eurekahedge Fund of Funds Index was up 7.79%, marginally behind hedge funds as multi-managers posted their best performance since 2009<\/p>\n

\u00b7 Fund of hedge funds managers’ are now tracking hedge funds more closely than ever with multi-managers outperforming underlying hedge funds in 6 out of the 12 months this year. A combination of reduced fees, increased diversification and the weeding out of underperforming fund of funds has rendered the multi-manager model more agile than ever.<\/p>\n

Alex Akesson
\nEditor for\u00a0HedgeCo.net<\/a>
\nalex@hedgeco.net<\/a>
\nHedgeCo.Net<\/a>\u00a0is a premier\u00a0hedge fund database<\/a>\u00a0and community for qualified and accredited investors only. Membership in\u00a0HedgeCo.net<\/a>\u00a0is FREE and EASY. We also offer FREE LISTINGS for\u00a0Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

New York (HedgeCo.Net) – Hedge fund managers were up 2.53% in the first half and 5.36% in the second half of the year, according to today’s Eurekahedge update. Funds of hedge funds had their best year relative to the hedge […]<\/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-39813","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\/39813","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=39813"}],"version-history":[{"count":5,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39813\/revisions"}],"predecessor-version":[{"id":39820,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39813\/revisions\/39820"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=39813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=39813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=39813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}