Europe see rise in hedge fund assets

Hedge fundEuropean hedge funds registered the strongest growth in assets under management among all regions in 2015, growing their asset bases by almost 10%. Investor allocations to the region stood at $40.5 billion (€36.2 billion) – a year-on-year increase of 110%. Combined with performance, assets under management (AUM) grew to $535 billion. Yet hedge funds globally endured a volatile January, says Eurekahedge, with market instability producing a wide divergence in performance from region to region. Asian managers – which expanded their AUM last year due to investor inflows and performance – posted their weakest returns for six months in January, with funds investing in Greater China seeing losses of 5.76% and Japanese funds seeing losses of 2.71%, according to Eurekahedge figures. Event-driven hedge funds posted the worst returns among “strategic mandates”, falling 3.56%. Again Asian managers were the worst performers on a geographical basis, with losses of 4.65%. The $80.9 billion Islamic funds industry managed to outperform the Dow Jones Islamic World Index in 2015, despite a challenging market environment that saw a spike in investor redemptions as oil-dependent economies in the Middle East faced worsening budget deficits. Hedge funds assets under management stand at $2.24 trillion as of year-end 2015. ©2016 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.