Gross inflows of US$15 billion in April, up from US$12 billion1 and US$4 billion1 in March and February respectively. Net redemptions of US$25 billion, down from a monthly average of US$65 billion for the preceding six months, bringing industry assets to US$1.3 trillion. Hedge funds up 3.9% YTD, while the DJIA is down 6.9% as at end April.
Highlights of hedge fund performance and asset flows for the month are as follows:
| April 2009 | US$ billion |
|---|---|
| Allocation (Inflows) | 15.4 |
| Redemption (Outflows) | -40.5 |
| Net Asset Flows | -25.1 |
| Positive Performance (growth) | 16.1 |
| Negative Performance (decline) | -5.5 |
| Total | 10.6 |
| Overall Total | -14.5 |
Please click here to download the Eurekahedge Report (3 MB)
Footnote
1Compiled with approximately 70% of the reported data for each of the previous months.
Please login to read the rest of the article or sign up for a free trial.
