20 Apr 2011
Highlights from Eurekahedge's monthly report:
- Hedge funds gained $78 billion in 1Q2011, total assets cross $1.75 trillion.
- Net flows in 1Q2011 were $55 billion, the strongest quarterly allocation since 2Q2007.
- Assets in event driven funds reached the highest level on record – $202 billion.
- Hedge funds witnessed a ninth consecutive month of positive returns.
- North American hedge funds attracted $94.4 billion in 14 months.
- Assets in Latin American hedge funds reached historical high of $62.2 billion.
- Distressed debt hedge funds delivered a gain of 4.31% in 1Q2011.
- Assets in CTA/managed Futures hedge funds crossed $200 billion.
