Introduction
The Eurekahedge Hedge Fund Index rose 2.21% in July, bringing its YTD returns to 12% - the best year-to-July returns on record. Since the start of 2007, hedge funds returned 13% on average, compared to a 30% loss for the S&P 500. Assets under management rose for the third consecutive month in July, also marking the third straight month of net inflows into hedge funds, resulting in a nearly US$11 billion increase to US$1.35 trillion.
| July 2009 | US$ billion |
|---|---|
| Allocation (Inflows) | 15 |
| Redemption (Outflows) | -12.9 |
| Net Asset Flows | 2.1 |
| Positive Performance (growth) | 11.1 |
| Negative Performance (decline) | -2.6 |
| Total | 8.5 |
| Overall Total | 10.6 |
Please click here to download the Eurekahedge Report (3 MB)
Footnote
1Based on 70% of the funds reporting their July 2009 returns as at 18 August 2009.
Please login to read the rest of the article or sign up for a free trial.
