Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
1Activity
0 of .
Results for:
No results containing your search query
P. 1
Eurekahedge Index Flash - January 2013

Eurekahedge Index Flash - January 2013

Ratings: (0)|Views: 11|Likes:
Published by Eurekahedge

More info:

Published by: Eurekahedge on Jan 09, 2013
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

09/07/2013

pdf

text

original

 
Index Flash
Hedge funds end 2012 with gains of 6.19%, assets at US$1.78trillion
1
 
Hedge funds end 2012 with gains of 6.19%, assets at US$1.78trillion
 2012 finished up on a positive note with hedge funds posting substantial gains across all regional andstrategic mandates in December. The
Eurekahedge Hedge Fund Index 
was up 1.46%
1
,bringing its year-to-date return to 6.19%. The capital-weighted
Mizuho-Eurekahedge Top100 Index 
, which tracks theassets and performance of the largest 100 hedge funds, gained 5.82% in 2012.Key takeaways for the month of December 2012:
 
The
Eurekahedge Hedge Fund Index 
was up 1.46% in December and up 6.19% in 2012
 
Distressed debt funds continued to be the year’s best performing strategy with gains of 1.61% inDecember and 12.87% year-to-date
 
Total asset flows for the year stood at US$69 billion, taking the size of the industry to US$1.78trillion
 
North American hedge funds attracted the most assets out of all regions in 2012 with inflows ofUS$56 billion, 5% growth. Relative value mandated funds witnessed the largest percentageincrease in AUM year on year - US$11 billion, or up 23% in 2012
 
821 funds were launched in 2012 with 778 closures as compared with 1139 launches and 841closures in 2011
 
In 2012, 1664 hedge funds reported annual returns above 10% and 555 hedge funds with anannual return above 20%
 
Latin American (10.30%) and Eastern European & Russian (7.95%) funds were 2 of the regionalmandates that outperformed equity markets
2
Regional Indices
 It was a year coupled with risks and rewards in 2012 with high levels of activity surrounding the financialmarkets: more money printing, sovereign bailouts, the Spanish banking crisis, the potential Greek exitfrom the euro and almost half of the major countries had presidential elections taking place - includingFrance, China, Korea and the USHedge funds across all regions witnessed positive returns for the month with Asian hedge funds postingthe best performance numbers. December was a strong month for the Japan market as Prime MinisterShinzo Abe took to office highlighting an agenda of economic recovery through fiscal stimulus andmonetary easing. The Tokyo Topix was up 10.02% last month and the
Eurekahedge Japan Hedge Fun Index 
posted strong gains of 3.27%. Asia ex-Japan hedge funds provided the highest returns against
 
Index Flash
Hedge funds end 2012 with gains of 6.19%, assets at US$1.78trillion
2
 
other regions’ performance for the year, up 12.57% after a strong 4.02% in December. Within AsiaPacific, the
Eurekahedge Greater China Hedge Fund Index 
and
Eurekahedge India Hedge Fund Inde 
 rose 14.60% and 14.93% respectively.
Strategy Indices
 All strategic mandates were in the black for December, with multi-strategy hedge funds posting thestrongest gains of 2.37% for the month and 8.55% for the year. Some winning managers capitalised ongains from dollar fixed income exposures as well as defaulted sovereign notes. CTA/managed futuresfunds reported a positive return of 1.13% for the first time since July 2012, ending a four-month lossreporting period - year-to-date performance stands at a marginal 0.71%. Relative value mangers gainedon average 1.34% in December and the
Eurekahedge Relative Value Hedge Fund Index 
was up 10.51%by the end of 2012. Managers reported December profits contributing from short positions in energy, longpositions in financial and consumer sectors.
Main Indices
 
December2012*
 
2012Returns
 
2011Returns
 
Eurekahedge HedgeFund Index1.46 6.19-3.15 Eurekahedge Fund ofFunds Index1.02 3.98-5.32 Eurekahedge (Long-Only)Absolute Return Fund Index3.11 15.63-13.86 Eurekahedge IslamicFund Index1.95 7.64-3.49 
Strategy Indices
 
December2012*
 
2012Returns
 
2011Returns
 
Eurekahedge ArbitrageHedge Fund Index0.92 6.73 1.40Eurekahedge CTA/ManagedFutures Hedge Fund Index1.13 0.71 0.06Eurekahedge Distressed DebtHedge Fund Index1.61 12.87-1.11 Eurekahedge Event DrivenHedge Fund Index2.37 9.18-4.39 Eurekahedge Fixed IncomeHedge Fund Index1.25 10.90 0.69Eurekahedge Long/ShortEquities Hedge Fund Index1.62 7.64-6.80 Eurekahedge Macro HedgeFund Index0.78 2.10-1.11 Eurekahedge Multi-StrategyHedge Fund Index2.37 8.55-2.10 Eurekahedge Relative ValueHedge Fund Index1.34 10.51-1.51 * Based on 22.09% of funds which have reported December2012 returns as at 8 January 2013
 
Regional Indices
 
December2012*
 
2012Returns
 
2011Returns
 
Eurekahedge North AmericanHedge Fund Index0.64 6.83 0.11Eurekahedge European HedgeFund Index0.89 6.89-6.07 Eurekahedge Eastern Europe &Russia Hedge Fund Index3.61 7.95-20.59 Eurekahedge Japan HedgeFund Index3.27 5.91-1.30 Eurekahedge EmergingMarkets Hedge Fund Index2.66 10.82-8.22 Eurekahedge Asia ex-JapanHedge Fund Index4.02 12.57-12.40 Eurekahedge Latin AmericanHedge Fund Index1.77 10.30 1.92
Mizuho-EurekahedgeIndices
 
December2012*
 
2012Returns
 
2011Returns
 
Mizuho-Eurekahedge Index -USD1.28 5.67-2.07 Mizuho-Eurekahedge TOP 100Index - USD0.82 5.82 1.87Mizuho-Eurekahedge TOP 300Index - USD1.09 5.55 0.04
Asia-Eurekahedge Indices
 
December2012*
 
2012Returns
 
2011Returns
 
Eurekahedge Greater ChinaHedge Fund Index6.37 14.60-13.08 Eurekahedge India Hedge FundIndex2.75 14.93-24.87 
Eurekahedge 
indices are available for download from www.eurekahedge.com/indices/hedgefundindices.asp  and are updated with the latest fund returns at 23:30 GMT every day. Index values and data can bedownloaded for free and subscribers can download the full list of index constituents. Please contactindices@eurekahedge.com for more information.For the latest ongoing promotions offered by
Eurekahedge 
and our marketing partners, please visit ourpromotions page, www.eurekahedge.com/promotions. 

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->