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Hedge funds post 4th consecutive month of gains

Date: Thursday, May 21, 2015
Author: Advisor.ca

Hedge funds posted their fourth consecutive month of gains returning 0.99% in April, while the MSCI World Index was up 1.25%, according to the Eurekahedge Report.

Here are some takeaways for April 2015.

  • Hedge funds returned US$59.5 billion in performance-based gains for the first quarter of 2015, their highest Q1 gains on record since 2006, which brings the total industry AUM to a record high of nearly US$2.2 trillion.
  • Asia ex-Japan investing funds delivered the best returns globally and were up 8.26% for April, having grown their asset based by US$12.8 billion since the start of the year.
  • European hedge funds are up 0.69% and have grown their asset base by US$10.5 billion, bringing their current AUM close to a record high of US$500 billion.
  • Long/short equities funds performed the best for April and 2015 year-to-date across all strategic mandates reporting 2.40% and 5.66% respectively.
  • North American managers lead in terms of net investor inflows recording US$10.8 billion in new allocations, roughly one-third the level seen for the same period last year.