26 September 2017
Reporter: Jenna Lomax

Hedge funds see record-breaking returns, says eVestment

The global hedge fund industry achieved its highest ever month-end assets under management (AUM) total in August, according to a new report by software provider eVestment.

Investors added an estimated $13.4 billion to hedge funds in August, bringing in more money than was spent, which leading total AUM to $3.2 trillion.

Broken down by region, Europe-domiciled fund flows banked consistent positive returns in the past five months.

According to eVestment data European funds benefitted from a significant drop off in redemption pressures, allowing new inflow to lift AUM.

Total European hedge fund AUM reached $248.89 billion in August, compared to $926.82 billion in the US and $100.22 billion in Asia.

In its report, eVestment said: “While the year has mostly been positive for flows, and universally positive for returns, at least at the aggregate, asset-weighted level, some concern lingers from under performing segments that house many large products.”

“September will be a telling month for the remainder of the year, but for now industry participants should feel good, providing they are among the remaining.”

More news
The latest news from Securities Lending Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Margin rules depress derivative contract terms, survey finds
19 October 2017 | Brussels | Reporter: Jenna Lomax
Respondents to the commission’s quarterly survey on EU securities financing market liquidity cited the implementation of European Market Infrastructure Regulation (EMIR) margin requirements for non-cleared OTC derivative contracts as the main driv
AAOI and Euronav top FIS hot stocks lists
18 October 2017 | London | Reporter: Jenna Lomax
The Belgium-based operator of crude oil tankers and storage facilities, has been a regular feature on the list in the last month
LCH migrates to new Swiss reference rate
18 October 2017 | Zurich | Reporter: Jenna Lomax
Basler Kantonalbank, Credit Suisse and Zürcher Kantonalbank are due to be among the first financial services to clear using the new rate from December 2017
Broadridge completes blockchain bilateral repo pilot
18 October 2017 | New York | Reporter: Drew Nicol
The pilot, conducted in partnership with Natixis and Societe Generale, utilises distributed ledger technology in order to make complex processes “more secure, transparent and efficient”
Repo steps back from the brink
18 October 2017 | London | Reporter: Drew Nicol
The European repo market may be recovering from the severe lack of liquidity experienced at year end 2016, according the International Capital Market Association
Tradeweb launches first electronic swaption trade on TW SEF
17 October 2017 | New York | Reporter: Jenna Lomax
The trade, which was executed by asset management firm, Garda Capital, and processed through MarketWire, officially marked the launch of swaptions trading on the TW SEF
BlackRock sees lending revenue growth
17 October 2017 | London | Reporter: Drew Nicol
BlackRock saw its securities lending revenue hit $150 million in Q3, compared to $142 during the same period in 2016