The benchmark Eurekahedge Hedge Fund Index was up 1.18%1 in September, lagging behind the MSCI World Index2 which gained 3.87% over the month. Total assets under management increased by US$4.24 billion during the month. The sector witnessed net positive asset flows of US$1.23 billion while also registering performance-based gains of US$3.01 billion. The total size of the industry now stands at US$ 1.91 trillion.
Highlights of hedge fund performance and asset flows for the month are as follows: