Eurekahedge Reveals Hedge Fund's Best Performance since 2010
According to the latest Eurekahedge data released, hedge funds reveled their best performance-based raking in $100 billion gaining since 2010.
Long/short equities strategies accounted for almost half of that gain.
Total industry assets increased almost 13% in 2013, surpassing US$2.0 trillion.
Hedge
funds pulled in US$130 billion in net asset allocations in 2013 and
long/short equities managers again led the way, attracting US$82.2
billion of those net inflows.
European
hedge fund managers may not have set a performance record in 2013—they
were up 8.77%—but they attracted record high net asset inflows of
US$60.2 billion for the year.
North
American long/short equities hedge funds were up 18.48% in 2013 and
according to Eurekahedge, 20% of them managed to beat the S&P500
Index by an average of 20.52% during the year.
Source: FINalternatives
