Introduction
Hedge funds were down for the second consecutive month in June, as the Eurekahedge Hedge Fund Index lost 1.22%1 during the month. Most regional hedge funds ended the month with negative returns while Japanese managers delivered marginal gains of 0.25%. The industry attracted $2.6 billion in net asset flows while performance based losses were $11.14 billion.
Highlights of hedge fund performance and asset flows for the month are as follows:
| June 2011 | US$ billion |
|---|---|
| Allocation (Inflows) | 23.06 |
| Redemption (Outflows) | -20.49 |
| Net Asset Flows | 2.57 |
| Positive Performance (Growth) | 10.43 |
| Negative Performance (Decline) | -21.84 |
| Total | -11.41 |
| Overall Total | -8.84 |
Please click here to download the Eurekahedge Report (3 MB)
Footnote
1Based on 66.03% of funds which have reported June 2011 returns as at 18 July 2011.
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