The benchmark Eurekahedge Hedge Fund Index was down 0.10%1 in July, while the MSCI World Index2declined 0.83% over the month. Total assets under management decreased by US$10.4 billion in the same period. The sector witnessed performance-based losses of US$5.5 billion while registering net asset outflows of US$4.9 billion. The total size of the industry now stands at US$2.12 trillion.
Highlights of hedge fund performance and asset flows for the month are as follows