Hedge funds registered their fifth consecutive month of gains since the start of the year, with the Eurekahedge Hedge Fund Index up 0.43% in May, while the MSCI World Index gained 0.81% during the month.
Here are some key takeaways for May.
- Hedge funds were up 4.37% May year-to-date with assets under management increasing by US$86.5 billion in the first five months of the year.
- The Eurekahedge Long/Short Equity Hedge Fund Index is up 7.17% May year-to-date, outstripping its total gains of 3.38% for 2014, as well as outperforming the MSCI AC World Index which is up 6.79% in the first five months of the year.
- Assets under management for Asian hedge funds hit their pre-2008 high, increasing by US$15 billion during the current year to reach the US$176 billion mark.
- Greater China mandated hedge funds lead the returns tables — up 25.21% for the year.
- CTA/managed futures funds posted their second consecutive month of losses, down 0.21% though they have seen net asset inflows of US$16.4 billion during the year.