Hedge funds bounce back in July

Total assets under management (AUM) increased by US$12.6 billion during the month—the sector witnessed performance-based gains of US$10.9 billion while registering net asset inflows of US$1.7 billion. The total size of the industry now stands at US$2.24 trillion.

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Here are some other key highlights:

• Hedge fund AUM increased by US$106 billion in the first seven months of 2015, driven by strong investor inflows totalling US$54.1 billion and roughly US$52 billion coming from performance-based gains.
• The CBOE Eurekahedge Relative Value Volatility Hedge Fund Index is up 5.12% year to date, coming in second place among all hedge fund strategic mandates. Relative value volatility funds have shown great consistency posting annualized returns of 10.33% at a low annualized standard deviation of only 3.75% since 2005.
• Asia ex-Japan hedge funds lost 2.60%, as funds with Greater China exposure were among the hardest hit, down 8.49%.
• CTA/managed futures funds have grown their asset base by 16% in 2015, largely on the back of strong capital inflows totalling US$25.6 billion.
• Multi-strategy funds have grown their asset base by 9.25% in 2015 to reach US$362.4 billion, with new investor inflows accounting for over half of this gain.
• North American managers have grown their asset base by US$63.4 billion and are up 3.01% year to date.

This story originally appeared on our sister site, Advisor.ca.

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• Hedge funds end 2014 up 4.6%