Hedge funds ended their four-month losing streak, gaining 1.33% in October, as most major equity markets ended the month in positive territory, according to the Eurekahedge Report. Underlying markets as represented by the MSCI World Index posted strong gains during the month, up 7.22%.
Here are some highlights for October 2015.
- Total hedge fund assets under management have grown by US$100.5 billion in 2015, with almost US$75 billion attributed to investor inflows.
- Asia ex-Japan was the best performing regional mandate for the second consecutive month — up 3.46%, with Greater China mandated hedge funds gaining 5.49% over the same period. On a year-to-date basis, assets for Asia ex-Japan hedge funds have grown by US$8.5 billion.
- European hedge funds recorded their seventh consecutive month of net investor inflows and have grown their asset base by almost US$40 billion year-to-date, with investor allocations accounting for the bulk of this growth.
- CTA/managed futures hedge funds have seen their asset base grow by roughly 17% as of 2015 year-to-date, on the back of strong investor inflows totalling almost US$30 billion.
- Among developed mandates, Australia/New Zealand, Japan and Europe mandated hedge funds lead with gains of 9.62%, 5.84% and 4.16% respectively, while North American managers are marginally positive with gains of 0.45% as of 2015 year-to-date.