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Dow Jones Credit Suisse Hedge Fund Index Report Reviews 2011 Hedge Fund Performance
Dow Jones and Credit Suisse released their 2011 Hedge Fund Market Review today. The report covers the drivers of hedge fund performance and asset growth in 2011.
According to the report, hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished the fourth quarter up 0.71%; however, the overall performance for the year was down 2.52%. The industry saw an estimated $15 billion in inflows in 2011, bringing overall assets under management for the industry to approximately $1.71 trillion. Assets have remained relatively stable, up 1% from 2010.
The Managed Futures and Fixed Income Arbitrage sectors experienced the largest asset inflows on a percentage basis in 2011, with inflows of 23% and 19% respectively. On an industry-wide basis, a larger percentage of asset inflows went to funds with monthly or better liquidity, suggesting greater investor demand for liquid hedge fund structures; and overall, hedge funds, as represented by the Dow Jones Credit Suisse Hedge Fund Index, continued to provide positive risk-adjusted returns relative to other strategies.
Hedge Fund Redemption Notifications Reach Record Low Says GlobeOp
The GlobeOp Forward Redemption Indicator for January 2012 measured 1.85%, a record low, according to GlobeOp Financial Services.
“January 2012 is the lowest month for hedge fund investor redemption notifications since Index records began in 2008,” said Hans Hufschmid, chief executive officer, GlobeOp Financial Services (LSE:GO.). “While January notifications are typically lower than December, this year is also substantially lower than the January 2011 requests of 2.79%.”
Hedge Fund Bets on Greece Go South as Restructuring Deal Looms
Hedge funds that purchased an estimated 4 billion euros ($5.2 billion) of Greek bonds that mature on March 20 are now trying to unload their positions.
According to Deal Book, ”Brokers estimate that of the 14.5 billion euros of these bonds outstanding, …
IMF Sees Global Recovery Stalling, Downside Risks Intensifying
A new report from the International Monetary Fund projects global GDP to expand by 3¼ percent in 2012 (Figure 1), a downward revision of about ¾ percentage point relative to its September 2011 World Economic Outlook (WEO). The IMF states that the euro area economy is …
The Carlyle Group Names Kazuhiro Yamada Co-head of Japan Buyout Group
Global alternative asset manager The Carlyle Group today announced that Carlyle Managing Director Kazuhiro Yamada will become co-head of the Japan Buyout Group, joining Co-head Tamotsu Adachi. Mr. Yamada joined the Japan Buyout Group in 2001. He begins his new role on …
Blackstone Real Estate Fund to Focus on Distressed Assets
Blackstone Group LP plans to raise at least $10 billion for a new distressed-property real estate assets, according to Bloomberg news. Blackstone expects the new fund, Blackstone Real Estate Partners VII, to be fully funded this year.
According to SEC filings, Blackstone Real …
Recent Posts
- Dow Jones Credit Suisse Hedge Fund Index Report Reviews 2011 Hedge Fund Performance
- Hedge Fund Redemption Notifications Reach Record Low Says GlobeOp
- Hedge Fund Bets on Greece Go South as Restructuring Deal Looms
- IMF Sees Global Recovery Stalling, Downside Risks Intensifying
- The Carlyle Group Names Kazuhiro Yamada Co-head of Japan Buyout Group
