Hedge funds posted their best performance in the last 12 months, up 1.79%.
Hedge funds were up 1.83% in February, recovering from losses in the start of the year as the MSCI World Index posted gains of 3.87% during the month.
Hedge fund managers revealed they are making significant investments in their firms’ infrastructure to comply with new regulatory requirements, according to a survey by KPMG International, the Alternative Investment Management Association (AIMA) and the Managed Funds Association (MFA), in 2013.
While the S&P 500 rewarded investors with a 32.4% return in 2013, hedge funds investors got 9.8%, says Business Insider.
Women are still the minority of hedge fund leaders—even though they make better managers, says hedge fund head Whitney Tilson in the New York Times.
Hedge funds were down 0.44% in January, outperforming underlying markets as the MSCI World Index declined 3.74% during the month with global markets off to a bumpy start in 2014.
A strong U.S. dollar is this year’s main macro theme for Matt Skipp, president and chief investment officer at SW8 Asset Management.
Hedge funds had a great year of performance-based gains since 2010, raking in US$100 billion during the year.
Jack Inglis will take over as CEO of AIMA on Feb. 1.
Asia is where the major hedge fund returns were in 2013.