The Eurekahedge Hedge Fund Index gained 0.44%1 in August, bringing its 2010 year-to-date returns to 1.70%. Global hedge funds have continuously outperformed underlying markets this year, with the average hedge fund beating the MSCI World Index by 9.21% year-to-date. Consequently, assets under management have surpassed $1.54 trillion – highest level since December 2008. Investors committed $26.35 billion of capital to hedge funds last month while managers' performance contributed $9.0 billion to the gains for the month.
Highlights of hedge fund performance and asset flows for the month are as follows:
August 2010
US$ billion
Allocation (Inflows)
26.35
Redemption (Outflows)
-19.26
Net Asset Flows
7.09
Positive Performance (Growth)
9.01
Negative Performance (Decline)
-2.74
Total
6.26
Overall Total
13.36
Footnote
1Based on 76.54% of the NAV for August 2010 as at 21 September 2010.
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