The benchmark Eurekahedge Hedge Fund Index was up 1.35% in March 2022 and down 0.69% in 2022. Total assets under management increased by US$16.4 billion during the month as the sector witnessed performance-based growth of US$19.0 billion while registering net asset outflows of US$2.6 billion.
The Eurekahedge Hedge Fund Index gained 1.35% in March, supported by the robust performance of the S&P 500 which returned 3.58% over the same period. Following Russia’s invasion of Ukraine on 24 February, the US and their allies imposed severe economic sanctions to punish Russia for starting the war and cripple the Russian economy, causing global equity markets to plummet over the first half of March as concerns grew over stagflation at a time when the US Federal Reserve is shifting to a more hawkish monetary policy stance in a bid to curb record levels of inflation.
The Eurekahedge Hedge Fund Index gained 1.35% in March, supported by the robust performance of the S&P 500 which returned 3.58% over the same period. Global equity markets plummeted over the first half of March as the escalating Russia-Ukraine conflict elicited severe economic sanctions on Russia from the US and their allies in a bid to cripple the Russian economy and war effort.
The Eurekahedge Hedge Fund Index was down 2.00% year-to-date as of February 2022, outperforming the underlying global equity market as represented by the S&P 500 which was down 8.23% over the same period. 2020 was a very challenging year for global hedge funds as economic and market conditions were particularly dire.
The Eurekahedge Eastern Europe & Russia Hedge Fund Index was down 24.09% as of February 2022, outperforming the underlying equity market in the region as represented by the STOXX Eastern Europe 50 by 6.12%. In 2021, Eastern Europe & Russian hedge funds were up 8.90%, outperforming their broader emerging market peers as represented by the Eurekahedge Emerging Markets Hedge Fund Index who returned 2.28% over the same period.
Eurekahedge’s Global hedge funds infographic sums up the industry as at April 2022. Find out more about Global hedge funds assets under management (AUM), asset flows into strategic and regional mandates, strategy returns, fund size and geographic AUM, head office locations and the best and worst performances of the year.