Hedge funds up 2.63 per cent during Q3 2012
September was another winning month for hedge funds as the sector posted its third consecutive month of positive returns.
The Eurekahedge Hedge Fund Index was up 1.02 per cent in September and 2.63 per cent in Q3 2012, while September year-to-date the index is up 4.23 per cent.
Global markets rallied strongly during the month on the back of monetary easing steps taken by governments - the MSCI World Index was up by 2.29 per cent during the month.
Asia ex-Japan managers gained 4.11 per cent in September with Indian hedge funds delivering the best returns of 8.02 per cent.
The Mizuho-Eurekahedge Asia ex-Japan Index rose 5.70 per cent in September.
Launch activity picked up with nearly 200 funds launched in Q3 2012.
All regions posted positive asset flows for August while early results indicated strong allocation activity in September.
- By Category
- News from other sites
- Special Reports