Eurekahedge announced today the launch of its new UCITS Hedge Fund Database and Index, covering 600 funds and representing more than US$100 billion in assets.
According to the latest data by Eurekahedge as of June 2010, overall assets in UCITS hedge funds edged up by nearly 15% since the start of the year to peak at nearly US$100 billion with 980 funds globally. 2009 returns stand at 21.77%, with 170 launches seen in the year. The first five months of 2010 have witnessed another 125 funds starting up, with total net inflows standing at US$12 billion. With more funds being launched each week, Eurekahedge is expecting the total number to hit 1,200 by the end of 2010.
"UCITS hedge funds now account for 7% of the total hedge fund universe of US$1.5 trillion but have attracted 20% of the net inflows into the industry year-to-date 2010 - firm evidence of increasing investor appetite for this product," said Alexander Mearns, CEO of Eurekahedge.
Eurekahedge has been closely monitoring these funds since last year and is currently collecting information from a further 380 funds yet to be added to the database in the coming months. Information on individual funds in the new database includes strategies, instruments traded by the funds, service providers, unique features of the funds, such as fee structures and liquidity, and comparative industry statistics and calculations.
Eurekahedge has also recently added new fields to its existing suite of alternative data products including details of secondary investment mandates, investments in private placements, managed accounts offered, unique fund identifiers, executive/secondary and synthetic prime broker mandates, and further expansion of fee’s charged, leverage and exposure fields.
According to the latest data by Eurekahedge as of June 2010, overall assets in UCITS hedge funds edged up by nearly 15% since the start of the year to peak at nearly US$100 billion with 980 funds globally. 2009 returns stand at 21.77%, with 170 launches seen in the year. The first five months of 2010 have witnessed another 125 funds starting up, with total net inflows standing at US$12 billion. With more funds being launched each week, Eurekahedge is expecting the total number to hit 1,200 by the end of 2010.
"UCITS hedge funds now account for 7% of the total hedge fund universe of US$1.5 trillion but have attracted 20% of the net inflows into the industry year-to-date 2010 - firm evidence of increasing investor appetite for this product," said Alexander Mearns, CEO of Eurekahedge.
Eurekahedge has been closely monitoring these funds since last year and is currently collecting information from a further 380 funds yet to be added to the database in the coming months. Information on individual funds in the new database includes strategies, instruments traded by the funds, service providers, unique features of the funds, such as fee structures and liquidity, and comparative industry statistics and calculations.
Eurekahedge has also recently added new fields to its existing suite of alternative data products including details of secondary investment mandates, investments in private placements, managed accounts offered, unique fund identifiers, executive/secondary and synthetic prime broker mandates, and further expansion of fee’s charged, leverage and exposure fields.
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