Research

Asset Flows Update

Hedge funds posted positive returns in March amid mixed returns in global markets. The Eurekahedge Hedge Fund Index was up 0.69%1 during the month as some risk aversion returned to the markets due to developments in Europe. Comparatively the MSCI World Index gained 1.76%2 during the month.

Total assets under management (AUM) increased by US$9.2 billion during the month, bringing the size of the industry to US$1.83 trillion. Performance-based growth accounted for most of this increase as managers posted gains of US$7 billion over the course of the month. The industry also attracted capital from investors for the third consecutive month with positive net asset flows of US$2.2 billion.

Figure 1: Summary monthly asset flow data since January 2011

 

Key highlights for March 2013:

  • 1Q 2013 witnessed positive asset flows of US$20 billion with hedge funds attracting assets in all three months
  • North American hedge funds hit highest AUM on record with total assets standing at US$1.25 trillion
  • The Eurekahedge Hedge Fund Index was up 0.69% in March and 2.97% in 1Q 2013


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Footnote

1Based on 51.11% of funds which have reported March 2013 returns as at 12 April 2013
2 The MSCI AC World Index All Core – USD

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