Introduction
Hedge funds outperformed the markets and delivered marginally positive returns in February. The benchmark Eurekahedge Hedge Fund index was up 0.22%1 while the MSCI World Index was down 0.07%2 over the month. Total assets under management were up by US$5.00 billion during February – the sector witnessed net positive asset flows of US$5.35 billion while losing US$0.35 billion through performance-based losses. The total size of the industry now stands at US$1.81 trillion.
Highlights of hedge fund performance and asset flows for the month are as follows:
February 2013 | US$ billion |
---|---|
Allocation (Inflows) | 15.14 |
Redemption (Outflows) | -9.79 |
Net Asset Flows | 5.35 |
Positive Performance (Growth) | 6.05 |
Negative Performance (Decline) | -6.4 |
Total | -0.35 |
Overall Total | 5 |
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Footnote
1Based on 61.88% of funds which have reported February 2013 returns as at 15 March 2013
2MSCI AC World Index All Core USD
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