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Press Releases and Media Appearances      Please click here for a list of HFR media contacts
HFR President Ken Heinz on Fox Business News VIDEO:
HFR President Ken Heinz on Greece's impact on hedge funds and investors with Maria Bartiromo on Fox Business TV (July 8, 2015)

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HFR President Ken Heinz on Fox Business News VIDEO:
HFR President Ken Heinz discusses the latest hedge fund industry trends with Maria Bartiromo on Fox Business TV (April 8, 2015)

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HFR IN THE NEWS


From The Wall Street Journal: Automated Hedge Funds Make Millions in January’s Market Selloff

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From Pensions and Investments: HFR President Ken Heinz explains the impact rising rates will have on hedge funds in 2016.

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From Alt Credit Intelligence: HFR President Ken Heinz takes a closer look at relative value arbitrage strategies.

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February 5, 2016

QUANT MACRO HEDGE FUNDS SURGE IN JANUARY AS EQUITIES, OIL EXTEND DECLINES

Trend-following CTAs post strong gains as volatility spikes in market selloff;
Technology/Healthcare funds post worst monthly loss since 2001

CHICAGO, (February 5, 2016) – Hedge funds posted mixed performance to begin 2016 as global financial markets plunged, driven by steep declines in oil and concerns regarding the global impact of the slowing Chinese economy, resulting in the worst start to a year for hedge funds since 2008. The broad-based HFRI Fund Weighted Composite Index® posted a decline of -1.7 percent for January, bringing the Index Value to 12073.48, while the HFRI Asset Weighted Composite Index fell -1.2 percent, according to data released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. Total hedge fund capital was $2.90 trillion to start 2016, narrowly below the mid-2015 record level of $2.93 trillion.



View Full Press Release: English

View latest HFRI Indices Performance



January 20, 2016

HFR Global Hedge Fund Industry Report: Year End 2015

HEDGE FUND ASSETS RISE AS EQUITIES, ENERGY EXTEND DECLINES

Performance gains offset outflow in 4Q as investors position for volatility;
China, interest rates, energy, and Brexit among top risks, opportunities for 2016


CHICAGO, (January 20, 2016) - Total global hedge fund capital rose in the fourth quarter, as financial market volatility, driven by concerns about slowing Chinese growth and energy market weakness, accelerated into year-end, according to the latest HFR Global Hedge Fund Industry Report, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. Hedge fund capital rose to $2.90 trillion in 4Q15, an increase of $22.8 billion over the prior quarter. The performance asset gain offset a small investor net capital outflow of $1.52 billion in 4Q15, the first quarterly net outflow since 4Q11.

Press Release: English Chinese | Japanese

Details: HFR Global Hedge Fund Industry Report: Year End 2015 | Purchase Report


January 8, 2016

DECEMBER LOSSES MOVE HEDGE FUNDS TO DECLINE FOR 2015

Energy, Quant strategies lead HFRI to 4th calendar year decline since 1990;
HFR launches HFRI Asset Weighted Indices;
Asset Weighted Equity Hedge, Relative Value Arbitrage post 2015 gains

CHICAGO, (January 8, 2016) - Hedge funds posted declines in December, led by Energy and Quantitative CTA strategies, to conclude a volatile, turbulent year in financial markets, according to data released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. The year began with major dislocations in currency markets, included steep declines for oil and energy commodities, as well as Emerging Markets, and concluded with rising geopolitical and terrorism threats as well as the first US interest rate increase in nearly a decade. Oscillating between positive and negative performance throughout the year, the HFRI Fund Weighted Composite Index® posted a decline of -0.85 percent in December, ending the year down -0.85 percent, only the fourth calendar year decline in hedge fund performance since 1990. Despite the decline, an estimated 55 percent of all hedge funds posted gains for 2015.

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December 18, 2015

HFR, Inc. releases HFR Market Microstructure HF Industry Report for Third Quarter 2015

HEDGE FUND LIQUIDATIONS RISE AS ENERGY, HIGH YIELD PRESSURES MOUNT

3Q fund launches tick up over prior quarter; Industry-wide fees remain little changed

CHICAGO, (December 18, 2015) – Hedge fund launches and liquidations both increased in 3Q15, as energy commodities and equities posted sharp declines, and high yield credit spreads began to widen. Hedge fund liquidations totaled 257 in 3Q15, up from 200 in the second quarter, and the highest quarterly total since 1Q14, according to the latest HFR Market Microstructure Report, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. Total liquidations in the first three quarters of 2015 stand at 674, up from 661 liquidations during the first three quarters of 2014.





Details: HFR Market Microstructure Hedge Fund Industry Report - Q3 2015



December 7, 2015

MACRO, CTA GAINS LEAD HFRI IN NOVEMBER

Quant CTAs post strongest month since January; Technology, Activist strategies pare 3Q losses

CHICAGO, (December 7, 2015) - Hedge funds extended the prior month's gains in November, driven by strong Macro and CTA performance, according to data released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. The HFRI Fund Weighted Composite Index® gained +0.5 percent for the month (Index Value = 12,460), paring 3Q declines and lifting the Index to a YTD gain of +0.3 percent for 2015. Recent performance gains have increased total hedge fund capital to $2.92 trillion through November, narrowly below the mid-year 2015 record of $2.93 trillion.

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November 20, 2015

HFR, Inc. releases HFR Emerging Markets HF Industry Report for Third Quarter 2015

CHINA, RUSSIA EXPOSURES LEAD AS EM HEDGE FUNDS PARE 3Q LOSSES

HFRI Emerging Markets Index ends five-month drawdown in October;
EM hedge fund capital falls from record level


CHICAGO, (November 20, 2015) - Emerging Market hedge funds posted strong performance gains in October, driven by exposure to China and Russia, as risk tolerance and liquidity returned to emerging equity markets. The HFRI Emerging Markets Index advanced +3.4 percent in October, the first positive monthly performance since April, according to the latest HFR Emerging Markets Hedge Fund Industry Report, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry.

Total hedge fund capital invested in emerging markets fell by over $11 billion in 3Q, down from the mid-year record level, to $187 billion (RMB 1.19 trillion, 12.2 trillion Russian Ruble, 716 billion Brazilian Real, 701 billion Saudi Riyal, 12.3 trillion Indian Rupee), as investors redeemed $2.5 billion, and EM funds declined nearly $10 billion on performance-based losses in the quarter.

Press Release: English | Arabic | Chinese | Portuguese | Russian





Details: HFR Emerging Markets HF Industry Report - Q3 2015


November 13, 2015

HFR, Inc. releases HFR Asian Hedge Fund Industry Report for Q3 2015

CHINESE HEDGE FUNDS RECOVER FROM STEEP 3Q LOSSES

HFRI China Index gains +5.2 percent in October;
Asian hedge fund assets post largest quarterly decline since 4Q08


CHICAGO, (November 13, 2015) - Asian hedge funds focused on investing in China posted sharp gains in October, paring steep declines in 3Q15, as investor risk tolerance and market liquidity returned to Asian financial markets. The HFRI China Index gained +5.2 percent in October, the strongest monthly performance since gaining +14.1 percent in April, according to the latest HFR Asian Hedge Fund Industry Report, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry.

Press Release: English | Chinese | Japanese

Details: HFR Asian Hedge Fund Industry Report: Q3 2015


November 6, 2015

HEDGE FUNDS SURGE IN OCTOBER AS GLOBAL, EVENT EQUITIES RALLY

HFRI posts best gain since February on Activists, Energy, Emerging Markets;
Defensive Macro, CTA strategies detract from broad-based gains


CHICAGO, (November 6, 2015) - Hedge funds posted strong gains in October to begin the fourth quarter, according to data released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. October’s gains partially reversed declines from a volatile 3Q, driven by equity, fixed income and credit-sensitive strategies. The HFRI Fund Weighted Composite Index® (FWC) posted a gain of +1.7 percent for the month, bringing the FWC to an Index Value of 12,424, with gains led by Equity Hedge and Activist strategies. October represents the strongest FWC monthly gain since February and brings the YTD performance to +0.03 percent. This YTD gain tops the decline of the DJIA, but narrowly trails the modest gain of the S&P 500, which reversed a sharp YTD decline with strong October performance.

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November 4, 2015

2016 Glocap Hedge Fund Compensation Report

HEDGE FUND COMPENSATION MIXED IN 2015 AS TALENT MARKET TIGHTENS, INCENTIVE FEES DECLINE

Top Portfolio Managers, Traders comp mixed as performance volatility increases;
Competition from other funds, industries drives salary increases for Analysts, Ops, IT


CHICAGO & NEW YORK, (November 4, 2015) - Hedge fund compensation experienced mixed trends in 2015 as a challenging performance environment in 3Q15 offset industry-wide gains from 1H15, according to the 2016 Glocap Compensation Report, released today by Glocap and HFR. Volatile 3Q performance will likely contribute to lower bonuses for the most highly compensated, performance-sensitive roles including senior portfolio managers, traders and executives. Partially offsetting this trend, compensation and base salaries for mid- to lower-tiered employees, including analysts, operations and technology, increased in 2015, consistent with broader trends in U.S. employment.

Press Release: English | Chinese | Japanese

Details: Read Executive Summary | Purchase Report


October 20, 2015

HFR Global Hedge Fund Industry Report: Third Quarter 2015

HEDGE FUNDS POST LARGEST QUARTERLY ASSET DECLINE SINCE 2008

HFRI outperformance gap over equity markets expands to largest since ’08; Inflows into small & mid-size funds offset outflows from largest funds

CHICAGO, (October 20, 2015) - Total global hedge fund capital posted the largest decline since the Financial Crisis in the third quarter, as global financial market volatility surged on uncertainty over US interest rates, China and M&A transactions. Estimated hedge fund capital declined by $95 billion across all strategy areas to end the quarter at $2.87 trillion, as new investor capital inflows only partially offset performance-based declines, according to the latest HFR Global Hedge Fund Industry Report, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. The quarterly asset decline is the first since 2Q12 and the largest since 4Q08.

Press Release: English | Chinese

Details: HFR Global Hedge Fund Industry Report: Q3 2015 | Purchase Report


October 7, 2015

MACRO GAINS FAIL TO OFFSET HFRI SEPT DECLINES

Quant CTA & Active Trading funds gain as global equities, commodities, credit fall;
HFRI YTD performance gap over equity benchmarks expands to widest since 2008


CHICAGO, (October 7, 2015) - Hedge funds declined for the fourth consecutive month in September, according to data released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. Global equities, commodities and high yield credit posted steep losses, while volatility posted increases sustained throughout the month. The broad-based HFRI Fund Weighted Composite Index® declined by -1.1 percent in September, the fourth consecutive monthly decline for the Index and the longest such sustained decline since the Financial Crisis in 2008. The performance drawdown of -5.0 percent since June brings the YTD Index performance through September to a decline of -1.3 percent, which still tops the S&P 500 by 400 basis points and the DJIA by over 700 bps.


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September 22, 2015

HFR, Inc. releases HFR Market Microstructure HF Industry Report for Second Quarter 2015

HEDGE FUND LAUNCHES, LIQUIDATIONS FALL AS VOLATILITY SURGES

Performance dispersion rises as HFRI tops equity markets;
HFR expands Diversity Indices by launching Women Indices


CHICAGO, (September 22, 2015) - Both new hedge fund launches and liquidations declined through mid-year 2015 as financial market volatility increased and HFRI performance topped equity markets through 1H15. New hedge fund launches totaled 252 in 2Q15, a narrow decline from 264 in the prior quarter but a slight YoY increase over the 2Q14 launch total of 240 new funds, according to the latest HFR Market Microstructure Report, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. With a total of 516 funds launched in 1H15, the number of new launches is on pace for its lowest level since 2010. As previously reported by HFR, total global hedge fund capital increased to a record $2.97 trillion through mid-year 2015.


Press Releases: English | Chinese

Details: HFR Market Microstructure Hedge Fund Industry Report - Q2 2015



September 11, 2015

HFR, Inc. releases HFR Emerging Markets HF Industry Report for Second Quarter 2015

EMERGING MARKETS HEDGE FUNDS POST DECLINES ON SHARP EQUITY, CURRENCY LOSSES

HFRI Emerging Markets Index drawdown nears -10 percent;
HFRI China, Brazil lead regional index losses


CHICAGO, (September 11, 2015) - Hedge funds focused on investments in Emerging Markets posted steep performance declines over the previous three months as regional equity and currency markets fell dramatically, driven in part by the devaluation of the Chinese Yuan by the Chinese Central Bank. The HFRI Emerging Markets Index fell -4.5 percent in August, extending the three month performance drawdown to -9.2 percent, according to the latest HFR Emerging Markets Hedge Fund Industry Report, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. Total hedge fund capital invested in Emerging Markets fell through August end to $185 billion (1.18 trillion RMB, 12.1 trillion Russian Rouble, 663 billion Brazilian Real, 694 billion Saudi Riyal, 12.2 trillion Indian Rupee). This follows a period when EM hedge fund capital rose to a record of $198 billion through mid-year 2015.

Press Release: English | Arabic | Chinese | Portuguese | Russian



Details: HFR Emerging Markets HF Industry Report - Q2 2015


September 10, 2015

HedgeWeek recognizes HFR as Best North American Index Provider 2015

Read more about the HedgeWeek Global Awards




     HFR's Ken Heinz speaks to the audience


September 8, 2015

HFRI DECLINES IN AUGUST AS GLOBAL EQUITIES POST SHARP LOSSES

Emerging Markets, Activist strategies lead August declines while Market Neutral, Macro narrow Index loss;
HFRI tops equity benchmarks by over 400 bps for August


CHICAGO, (September 8, 2015) - Hedge funds declined in August as global equity markets experienced sharp losses led by uncertainty over Chinese growth, falling oil prices and the timing of US Federal Reserve interest rate increases, according to data released today by HFR®, the established global industry leader in the indexation, analysis and research of the global hedge fund industry. The HFRI Fund Weighted Composite Index® (FWC) fell -1.87 percent for the month to an NAV of 12443.31, paring the YTD performance for the FWC to a gain of +0.2 percent. The August decline for the FWC was the worst monthly performance since May 2012. Following several years in which the HFRI trailed strong equity market gains, the FWC has outperformed the S&P 500 by over 400 basis points in August and 300 basis points year-to-date.

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August 13, 2015

HFR, Inc. releases HFR Asian Hedge Fund Industry Report for Q2 2015

CHINESE HEDGE FUNDS POST STEEP LOSSES IN JULY

HFRI EM: China Index declines -7.7 percent, as Chinese equities collapse;
Total capital in Asian hedge funds rises to record in 2Q15, falls in July


CHICAGO, (August 13, 2015) - Hedge funds investing predominantly in China suffered steep losses in July, as the HFRI China Index declined -7.7 percent and the Shanghai Composite Index collapsed, falling over -14 percent in the month, including a single-day decline of -8.5 percent. As a result of these performance losses, total capital invested in Asian hedge funds declined by an estimated $10 billion in July, this after rising to a record level of $126.3 billion (784 billion RMB, 15.7 trillion ¥ Japanese Yen) to conclude 1H15, according to the latest HFR Asian Hedge Fund Industry Report, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry.

Press Release: English | Chinese | Japanese


Details: HFR Asian Hedge Fund Industry Report: Q2 2015


August 7, 2015

MACRO, CTA GAINS OFFSET BY CHINA, ENERGY
EXPOSURES IN MIXED JULY FOR HEDGE FUNDS


Large funds outpace small, mid-sized funds for the month;
Quant, Trend-following strategies pare June declines


CHICAGO, (August 7, 2015) – Macro Systematic Diversified hedge funds experienced a powerful recovery in July, reversing sharp losses from the prior month with gains across commodity, currency and equity positions, according to data released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. Offsetting these gains, hedge funds with exposure to China, Energy and Discretionary Commodity posted losses for the month, with these divergent performance groups resulting in overall mixed industry performance for July. The HFRI Fund Weighted Composite Index® posted a narrow gain of +0.01 percent for the month, bringing YTD performance through July to +2.5 percent. The industry's largest funds outperformed small and mid-sized funds in July, with the asset-weighted version of the FWC posting a gain of +1.4 percent.


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July 20, 2015

HFR Global Hedge Fund Industry Report: Second Quarter 2015

CAPITAL INFLOWS DRIVE HEDGE FUND ASSETS TOWARD MILESTONE IN 2Q

Top hedge funds’ capital inflows surge on investor demand;
Equity Hedge dominates strategy inflows for 1H15

CHICAGO, (July 20, 2105) - Total global hedge fund industry capital rose to the 11th consecutive quarterly record level in 2Q15, according to the latest HFR Global Hedge Fund Industry Report, released today by HFR®, the established global leader in indexation, analysis and research of the global hedge fund industry. Investors allocated $21.5 billion in net new capital to hedge funds in 2Q15, the largest quarterly inflow since 2Q14, with allocations concentrated in Equity Hedge and Relative Value Arbitrage strategies, as well as in the industry’s largest hedge fund firms. The second quarter inflow increased 1H15 inflows to $39.7 billion and total industry capital to $2.97 trillion globally, as the hedge fund industry approaches the $3 trillion milestone. The HFRI Fund Weighted Composite Index® gained +2.53 percent in 1H15, the strongest half-year of outperformance over U.S. equities since 1H10.

Press Release: English | Chinese | Japanese

Details: HFR Global Hedge Fund Industry Report: Q1 2015 | Purchase Report


July 8, 2015

HEDGE FUNDS DECLINE IN JUNE AS UNCERTAINTY RISES

June losses concentrated in quant Macro CTAs on China, Greece, Oil volatility;
Equity Hedge strategies lead HFRI 1H15 outperformance of S&P 500


CHICAGO, (July 8, 2015) - Hedge funds posted declines in June as Chinese equities fell sharply and uncertainty over the outcome of the Greece referendum contributed to losses in quantitative, trend-following, Macro CTA strategies, according to data released today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry. The HFRI Fund Weighted Composite Index declined -1.3 percent in June, the worst monthly decline since June 2013, paring gains for 1H15 to +2.4 percent. Despite the June decline, the 1H15 HFRI gain still outperformed U.S. equities as measured by the S&P 500 by over 200 basis points.


View Full Press Release: English | Chinese

View latest HFRI Indices Performance



June 19, 2015

HFR, Inc. releases HFR Market Microstructure HF Industry Report for Q1 2015

HEDGE FUND LAUNCHES RISE AS HFRI TOPS U.S. EQUITIES

Liquidations also rise on increased performance dispersion;
Average management fees up as incentive fees continue decline


CHICAGO, (June 19, 2015) - New hedge fund launches rose to the highest level in three quarters in 1Q15, as strong performance industry-wide drove both total global hedge fund capital and the total number of hedge funds to record levels. Hedge fund launches totaled 264 in 1Q15, the highest level since 2Q14, bringing the total number of hedge funds globally to 10,149 according to the latest HFR Market Microstructure Industry Report, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. Total hedge fund capital increased to a record of $2.94 trillion in 1Q15, while the HFRI Fund Weighted Composite Index and HFRI Equity Hedge Index posted gains of +3.9 and +5.0 percent YTD through May, respectively, topping the performance of both the S&P 500 and DJIA over that time period.


Press Releases: English | Chinese

Details: HFR Market Microstructure Hedge Fund Industry Report - Q1 2015



June 5, 2015

EQUITY HEDGE LEADS HFRI MAY GAINS

Hedge funds top S&P 500, DJIA YTD through May;
Fixed income-based Relative Value Arbitrage strategies advance as yields rise


CHICAGO, (June 5, 2015) – Hedge funds posted gains for the fourth consecutive month in May, led by Equity Hedge strategies, with significant contributions from Technology, Healthcare and Fundamental Value exposures, as reported today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. The HFRI Fund Weighted Composite Index® advanced +0.7 percent for the month, bringing YTD gains for the HFRI FWC through May to +3.9 percent, leading both the S&P 500 and Dow Jones Industrial Average, while the HFRI Fund of Funds Index climbed +1.1 percent for May and +4.0 percent YTD.


View Full Press Release: English | Chinese

View latest HFRI Indices Performance



June 1, 2015

HFR ANNOUNCES THE LAUNCH OF HFRL INDICES

CHICAGO, (June 1, 2015) - HFR is pleased to announce the launch of the new HFRL® family of indices, representing the performance of liquid areas of the hedge fund industry. The HFRL joins the industry leading family of HFR Indices including the HFRI, HFRX & HFRU Indices, all the global institutional standards for benchmarking and performance measurement. HFRL Indices are constructed using robust filtering, monitoring and quantitative constituent selection process using the HFR® Database, also the industry standard for hedge fund data.

The HFRL currently includes 3 Indices: 

  • HFRL Global Index (HFRLHHFR) is designed to be representative of the liquid areas of the hedge fund universe. It is comprised of all eligible hedge fund strategies falling within four principal strategies: Equity Hedge, Event Driven, Macro/CTA, and Relative Value Arbitrage.

  • HFRL Equity Index (HFRLHEDG) is designed to be representative of the liquid areas of the Equity Hedge fund universe.

  • HFRL Event Driven Index (HFRLDRVN) is designed to be representative of the liquid areas of the Event Driven fund universe.


HFRL Indices offer daily intra-day, as well as end of day, pricing via:

https://www.hedgefundresearch.com/hfrl

HFR is also pleased to announce the launch of three new exchange-traded funds (“ETFs”), which leverage the HFRL indices, including:

  • Highland HFR Global ETF (NYSE: HHFR)
  • Highland HFR Equity Hedge ETF (NYSE: HEDG)
  • Highland HFR Event Driven ETF (NYSE: DRVN)

The three ETF products will be the first of their kind to replicate aggregate hedge fund positions in a daily liquid investible option and will trade on the New York Stock Exchange, with trading commencing today.

HFRL Indices have been licensed for use by Highland Capital Management Fund Advisors, L.P. The Highland HFRL ETFs (Highland HFR Global ETF (NYSE: HHFR, Highland HFR Equity Hedge ETF (NYSE: HEDG), Highland HFR Event Driven ETF (NYSE: DRVN)) are not sponsored, endorsed, issued, sold, or promoted by Hedge Fund Research, Inc., nor does this company make any representations regarding the advisability of investing in the Highland HFR ETFs.





May 28, 2015

HFR, Inc. releases HFR Emerging Markets HF Industry Report for First Quarter 2015

RUSSIAN HEDGE FUNDS SURGE ON OIL, ROUBLE

Volatile HFRI Russia Index jumps nearly 20 percent in three months;
Performance recovery drives EM hedge fund capital to record


CHICAGO, (May 28, 2015) - Volatile emerging markets hedge funds have returned to lead industry performance on the strong recovery of the Russian Rouble, higher oil prices, lowering of interest rates by the Chinese Central Bank, and a surge in trading volume on the Shanghai-Hong Kong Stock Connect program. As a result of these, hedge funds investing in Russia and China posted strong gains in recent months, with the HFRI EM: Russia/Eastern Europe gaining nearly 20 percent since the start of February, and the HFRI EM: China Index adding over 20 percent YTD 2015 through April.

Press Release: English | Arabic | Chinese | Portuguese | Russian



Details: HFR Emerging Markets HF Industry Report - Q1 2015


May 14, 2015

HFR, Inc. releases HFR Asian Hedge Fund Industry Report for Q1 2015

CHINESE EQUITY SURGE DRIVES ASIAN HEDGE FUND ASSETS TO RECORD

HFRI China Index up +13% in April; Asian hedge fund capital surges to 750 Billion RMB

CHICAGO, (May 14, 2015) - Hedge funds investing in China surged to a record monthly gain in April, as trading volume on the Shanghai-Hong Kong Stock Connect program soared and the Chinese Central Bank reduced interest rates, with the HFRI China Index up +13.0 percent in April, the strongest monthly gain since Index inception in 2008.

Total global capital invested in the Asian hedge fund industry surpassed the milestone of $120 billion ($120.75 billion, 750 billon RMB, 14.5 trillion ¥ Japanese Yen) to begin 2Q15, as the number of Asian hedge funds approached 1,200, according to the latest HFR Asian Hedge Fund Industry Report, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. Total capital invested in the hedge fund industry increased to a record $2.95 trillion to begin 2Q15.

Press Release: English | Chinese | Japanese


Details: HFR Asian Hedge Fund Industry Report: Q1 2015


May 7, 2015

HEDGE FUNDS CLIMB IN APRIL AS CHINESE, EM EQUITIES SURGE

Energy, Emerging Markets lead gains as US Dollar falls; CTAs decline on trend reversals, paring YTD gains

CHICAGO, (May 7, 2015) - Hedge funds posted gains in April as regional equity and currency markets across China, Russia, Brazil and the Middle East posted sharp gains, while volume surged on the Shanghai/Hong Kong Connect program to a daily record, driving Chinese A-shares to a gain of over 18 percent for the month. The HFRI Fund Weighted Composite Index® gained +0.8 percent in April, extending 2015 gains, with contributions from exposure to Emerging Markets and Energy, as reported today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry.


View Full Press Release: English | Chinese

View latest HFRI Indices Performance



April 20, 2015

HFR Global Hedge Fund Industry Report: First Quarter 2014

HEDGE FUND ASSETS APPROACH $3 TRILLION MILESTONE AS INVESTORS RETURN TO MACRO

Equity Hedge leads inflows, expanding largest strategy area; Activist assets surge as investors bet on activist-led M&A trend

CHICAGO, (April 20, 2015) - Global hedge fund assets surged to a new record to begin 2015, as 1Q15 performance gains through the volatile macroeconomic environment attracted the largest capital inflow since 2Q14. Total hedge fund assets increased to $2.94 trillion, an increase of $95 billion, led by Equity Hedge and Event Driven strategies, as reported in the latest HFR Global Hedge Fund Industry Report, released today by HFR® today, the established global leader in the indexation, analysis and research of the global hedge fund industry. Investors allocated $18.2 billion in net new capital to hedge funds in 1Q15, the largest inflow since 2Q14. The HFRI Fund Weighted Composite Index® gained +2.3 percent in 1Q15, the best quarterly gain in 5 quarters and largest outperformance of US equities since 3Q11.

Press Release: English | Chinese | Japanese

Details: HFR Global Hedge Fund Industry Report: Q1 2015 | Purchase Report


April 8, 2015

TREND FOLLOWING QUANT HEDGE FUNDS LEAD HFRI MARCH, 1Q GAINS

Macro Systematic CTA strategies trade directional trends in Euro, Oil;
Broad-based March gains extend to Equity, Event & Relative Value strategies
CHICAGO, (April 8, 2015) - Hedge funds posted gains in March to conclude a strong 1Q15, with performance driven by strong macro trends in Currency and Commodity markets, complemented by broad-based gains and positioning in Event Driven, Equity Hedge and fixed income-based Relative Value Arbitrage strategies. The HFRI Fund Weighted Composite Index® gained +0.5 percent in March and +2.4 percent in 1Q15, completing the strongest quarter of outperformance relative to S&P 500 since 3Q11, as reported today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry.





View Full Press Release: English | Chinese

View latest HFRI Indices Performance



March 20, 2015

HFR, Inc. releases HFR Market Microstructure HF Industry Report for Year End 2014

HEDGE FUND LAUNCHES FALL AS TOP FUNDS LEAD HFRI PERFORMANCE GAINS

Fund liquidations show first decline since 2010 as fund dispersion narrows;
Average management, incentive fees decline over prior year; fees rise for new launches


CHICAGO, (March 20, 2015) - The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. Hedge fund launches totaled 1,040 for 2014, a decline of 20 funds from the 1,060 funds launched in 2013. While launches have trended in a narrow range in recent years, they remain well below the peak of 2,073 funds launched in 2005, though nearly double the local trough of 659 launches in 2008.

Press Releases: English | Chinese | Japanese

Details: HFR Market Microstructure Hedge Fund Industry Report - Year End 2014



March 6, 2015

ACTIVIST MOMENTUM BUILDS WITH STRONG FEBRUARY GAINS

Event Driven, Equity Hedge and Energy lead HFRI performance; Macro hedge funds post narrow gain despite sharp oil reversal

CHICAGO, (March 6, 2015) - The dissident voice of the outspoken shareholder activist may have grown slightly louder in February, as Event Driven hedge funds led a strong month of hedge fund industry gains, with the HFRI ED: Activist Index posting the strongest monthly gain in two years, as reported today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. Overall, the HFRI Fund Weighted Composite Index® posted a gain of +1.85 percent for the month, the best performance for the broad-based composite since February 2014, with gains across all strategies led by Event Driven, Equity Hedge and a recovery in Energy-focused strategies. The HFRI Fund of Hedge Funds Index advanced +1.63 percent for the month.



View Full Press Release: English | Chinese | Japanese

View latest HFRI Indices Performance



March 4, 2015

HFR, Inc. releases HFR Emerging Markets HF Industry Report for Year End 2014

RUSSIAN VOLATILITY WEIGHS ON EMERGING MARKETS HEDGE FUNDS

HFRI Russia Index posts steep losses in currency, equities;
HFRI India, China Indices see strong gains


CHICAGO, (March 4, 2015) - Hedge fund capital invested in Emerging Markets declined to conclude 2014, falling from the record level established in 3Q14 on a combination of performance losses and investor outflows concentrated in funds with exposure to Russia. The HFRI EM: Russia/Eastern Europe Index declined -18.6 percent in 4Q14 bringing the 2014 full year loss to -26.5 percent, making 2014 the third worst calendar year decline for the Index. Hedge fund capital invested in Emerging Markets declined by $1.4 billion in the fourth quarter to conclude 2014 at $183.8 billion (1.15 trillion RMB, 534 billion Brazilian Real, 11.2 trillion Russian Rouble, 689 billion Riyal, 11.3 trillion Indian Rupee), according to the latest HFR Emerging Markets Hedge Fund Industry Report, released today by HFR®, the established global leader in the indexation, research and analysis of the global hedge fund industry. For the full year 2014, Emerging Markets hedge fund capital increased by $13.0 billion on investor inflows of $3.3 billion.

Press Release: English | Arabic | Chinese | Japanese

Details: HFR Emerging Markets HF Industry Report - Year End 2014


February 11, 2015

HFR, Inc. releases HFR Asian Hedge Fund Industry Report for Year End 2014

ASIAN HEDGE FUND INDUSTRY GAINS IN 4Q, CONCLUDING STRONG 2014 AT RECORD CAPITAL LEVEL

Emerging Asia, Equity Hedge lead inflows as hedge funds position for the impact of European stimulus and commodity, currency volatility

CHICAGO, (February 11, 2015) - The Asian hedge fund industry resumed strong capital growth in 4Q to conclude 2014 at a record level of capital, as Asian equity markets posted sharp advances heading into the new year. Total capital managed by the Asian hedge fund industry stood at $119.75 billion (¥ 14.26 trillion; RMB 748 billion) at year-end, including an increase of $2.3 billion for 4Q14, according to the latest HFR Asian Hedge Fund Industry Report, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. For the full year, the Asian hedge fund industry posted an increase in capital of $7.4 billion on global inflows of $3.8 billion, this compared to a capital increase of $24 billion on $10.5 billion inflow in 2013.

Press Release: English | Chinese | Japanese


Details: HFR Asian Hedge Fund Industry Report: Year End 2014


HFR President Ken Heinz on Fox Business News RECENT VIDEO:
HFR President Ken Heinz discusses the latest hedge fund industry trends with Maria Bartiromo on Fox Business TV (February 10, 2015)

View Video Clip 1 - Betting on low oil

View Video Clip 2 - Hedge funds buying Europe?


February 6, 2015

HEDGE FUNDS BEGIN 2015 WITH GAINS AS OIL, EURO POST STEEP DECLINES

Dislocations in currencies, commodities drive quant CTAs strategies to best monthly gain since 2010;
Relative Value Arbitrage gains as sovereign yields fall to record lows

CHICAGO, (February 6, 2015) - Hedge funds posted gains in January, effectively navigating extreme macroeconomic dislocations across global financial markets, as oil saw steep losses, the European Central Bank announced QE stimulus measures driving sovereign fixed income yields to record lows, and the Swiss National Bank shocked global currency markets with a surprise abandonment of a currency cap to the Euro. The HFRI Fund Weighted Composite Index® gained +0.5 percent for the month, led by Macro trend following, quantitative CTA and Currency exposures, as reported today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. HFRI gains occurred against a backdrop of mixed equity market performance in January, as US equities declined and European equities primarily advanced, with notable exception of the Swiss equity market.



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January 20, 2015

HFR Global Hedge Fund Industry Report: Year End 2014

HEDGE FUNDS CONCLUDE 2014 WITH INFLOWS AS INVESTORS POSITION FOR VOLATILITY

Euro, Oil, Greece, Russia and Event Equities lead uncertainty into 2015;
Activist, Credit Multi-Strategy lead sub-strategy inflows;
Highest total annual inflows since 2007 drive industry assets to record


CHICAGO, (January 20, 2015) - Investors increased allocations to hedge funds in 4Q 2014 as financial market volatility soared into year-end led by a steep decline in oil, Euro currency weakness and sharp drops in both the Russian Rouble and equity markets. Investors allocated $3.6 billion of new capital to hedge funds globally in the quarter, bringing the full year of inflows to $76.4 billion, the highest calendar year of inflows since 2007, as reported today in latest edition of the HFR Global Hedge Fund Industry Report, released today by HFR®. Inflows and performance gains in 4Q increased total hedge fund capital to a record of $2.85 trillion, while the broad-based HFRI Fund Weighted Composite Index® gained +3.3 percent for the full year.

Press Release: English | Chinese | Japanese

Details: HFR Global Hedge Fund Industry Report: Year End 2014 | Purchase Report


HFR President Ken Heinz on Yahoo Finance VIDEO:
HFR President Ken Heinz discusses the outlook for hedge funds in 2015 on Yahoo Finance (January 5, 2015)

View Video


January 8, 2015

ACTIVIST, TECHNOLOGY HEDGE FUNDS LEAD GAINS TO CLOSE 2014

Systematic, Quantitative Macro CTAs post 8th gain in 9 months to lead all strategies in 2014;
Activists recover October drawdown to lead ED strategies for year

CHICAGO, (January 8, 2015) - Hedge funds posted gains to conclude the volatile month of December, led by contributions from CTAs, Technology and Shareholder Activist strategies, as reported today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. The broad-based HFRI Fund Weighted Composite Index® gained +0.3 percent in December, navigating a sharp decline in Oil, Russian- and Euro-centric macro/currency uncertainty and equity volatility across both Emerging and Developed markets. The HFRI Fund Weighted Composite Index advanced +3.6 percent for 2014, below the long-term average hedge fund industry performance of +10.7 percent, as hedge fund managers maintained conservative exposures with equity markets near record highs.



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December 18, 2014

HFR Global Hedge Fund Industry Report: Mid-Fourth Quarter 2014

HEDGE FUNDS POST OUTFLOWS THROUGH MID FOURTH QUARTER

HFRI Macro performance pulls ahead for 2014 after a three year decline;
Performance gains offset investor redemptions through mid-4Q as total assets rise


CHICAGO, (December 18, 2014) - Increased financial market volatility, which began in late 3Q14, has accelerated through November, resulting in strategy capital rotation and redemptions by hedge fund investors despite performance gains 4th -quarter-to-date (4QTD), which includes October and November 2014. The hedge fund industry experienced a net outflow of $1.5 billion 4QTD, despite performance gains of +0.62% percent over this two-month period for the HFRI Fund Weighted Composite Index®, according to the special intra-quarter HFR Global Hedge Fund Industry Report: Mid-Fourth Quarter 2014, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry.



Press Release: English


December 11, 2014

HFR, Inc. releases HFR Market Microstructure HF Industry Report for Third Quarter 2014

HEDGE FUND LAUNCHES SLOW AS ASSETS, GLOBAL EQUITIES REACH RECORD LEVELS

Emerging Manager performance tops established funds in 2014;
Trailing 12-month hedge fund liquidations highest since 2009;
Fee data mixed on incentive, management, launch vintage


CHICAGO, (December 11, 2014) - New hedge fund launches slowed to conclude the volatile third quarter as total hedge fund industry capital posted a narrow gain to rise to a new record of $2.82 trillion. New launches fell to 240 in 3Q14, the lowest quarter since one year ago in 3Q13, as reported in the latest HFR® Market Microstructure Industry Report, released today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry. Year to date, 814 new funds have launched while new launches in the trailing four quarters totaled 1,058, in line with the full-year total for 2013 (1,060), which was the lowest annual launch total since 2010.



Press Releases: English

Details: HFR Market Microstructure Hedge Fund Industry Report - Q3 2014



December 5, 2014

MACRO HEDGE FUNDS SURGE IN NOVEMBER AS OIL SLIDE ACCELERATES

HFRI Macro Index posts best gain in four years, leads all strategies for 2014;
Quant/CTAs gain on trends of falling Oil, US Dollar surge;
Event, Market Neutral Equities post strong gains as Russia, Energy decline

CHICAGO, (December 5, 2014) - Macro hedge funds and, more specifically, CTA strategies employing quantitative, trend-following strategies, posted strong gains in November as oil prices plummeted and the US Dollar extended gains against other currencies, as reported today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. The HFRI Macro Index gained +2.6 percent in November, powered by a gain of +4.6 percent for the HFRI Macro: Systematic Diversified/CTA Index; both the Macro and CTA Index gains were the strongest since December 2010. The HFRI Fund Weighted Composite Index® gained +1.2 percent for the month, reversing a two-month decline for the broad-based Index, bringing year-to-date (YTD) performance through November to +3.7 percent. All four main strategy areas tracked by HFR posted gains for the month.

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November 26, 2014

HFR voted #1 Index Provider by Hedge Funds Review for 2014


HFR's Lorenzo Menichino accepts the award






November 25, 2014

HFR, Inc. releases HFR Emerging Markets HF Industry Report for Q3 2014

EMERGING MARKETS HEDGE FUND GROWTH STALLS AS U.S. DOLLAR GAINS

HFRI Russia Index posts sharp decline as oil, Rouble fall;
Hedge Funds in India, MENA gain despite currency, commodity volatility


CHICAGO, (November 25, 2014) - Hedge fund capital invested in Emerging Markets (EM) posted a narrow gain for the third quarter as EM, Currency and Commodity Volatility all increased driven by a continuum of geopolitical and macroeconomic developments. Total hedge fund capital invested in EM hedge funds increased to $185.15 billion (1.13 trillion RMB, 475 billion Brazilian Real, 8.58 trillion Russian Rouble, 694 billion Riyal, 11.5 trillion Indian Rupee), according to the latest HFR Emerging Markets Hedge Fund Industry Report, released today by HFR®, the established global leader in the indexation, research and analysis of the global hedge fund industry. Despite the small increase of $700 million from the end of the second quarter, EM hedge fund capital again reached a new record level. Net inflows of $300 million offset outflows of $200 million from the prior quarter; EM hedge fund inflows have totaled $3.5 billion YTD through the end of Q3, nearly half of the $6.45 billion in inflows from 2013.

Press Release: English | Arabic | Chinese | Portuguese | Russian



Details: HFR Emerging Markets HF Industry Report - Q3 2014


November 13, 2014

HFR, Inc. releases HFR Asian Hedge Fund Industry Report for Third Quarter 2014

ASIAN HEDGE FUND INDUSTRY GROWTH SLOWS AS MACRO UNCERTAINTY INCREASES

Falling Yen, Energy prices; BoJ stimulus cloud outlook;
HFRI EM: India Index gains for 3Q, leads all regional indices for 2014


CHICAGO, (November 13, 2014) - Total capital invested in the Asian hedge fund industry expanded to a fourth consecutive quarterly record in 3Q, though growth remained muted as a result of increased Asian macro uncertainty, according to the latest HFR Asian Hedge Fund Industry Report, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry.

Total capital invested in the Asian hedge fund industry increased to $117.4 billion (¥ 13.4 trillion; 718.5 billion Chinese RMB), an increase of less than $1 billion for the quarter; Asian hedge fund industry capital has grown $5.1 billion in the first three quarters of 2014. Capital growth in the region trailed the broader, global hedge fund industry, which saw capital increase by $15 billion to a record $2.82 trillion (¥ 322.32 trillion JPY; 17.25 trillion Chinese RMB) through September 30.

Press Release: English | Chinese | Japanese



Details: HFR Asian Hedge Fund Industry Report: Q3 2014


November 7, 2014

HEDGE FUNDS NAVIGATE TURMOIL TO POST OCTOBER GAIN

Event Equity intra-month losses narrowed into month-end; Macro: Currency, Equity Hedge strategies gain on opportunistic trading

CHICAGO, (November 7, 2014) - Hedge funds negotiated a tumultuous environment in October, with the HFRI Fund Weighted Composite Index® posting a narrow gain of +0.09 percent for the month, as was reported today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. Gains in Macro, Currency and Equity Hedge strategies offset losses in Event Driven and Relative Value Arbitrage, reversing intra-month losses into month end. The volatile month included significant declines in Oil and Energy prices, idiosyncratic losses in event equity positions, a sharp intra-month broad based equity market decline and partial recovery, a steep drop in U.S. Treasury yields on investor risk aversion, and the conclusion of the U.S. Federal Reserve quantitative easing measures concurrent with an increase in the Bank of Japan stimulus efforts.

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November 6, 2014

2015 Glocap Hedge Fund Compensation Report Published

HEDGE FUND COMPENSATION CLIMBS AS COMPETITION FOR PERSONNEL INTENSIFIES

Hedge fund firms compete for top talent with Venture Capital, Private Equity, Tech, Banking;
Compensation growth spread across functional roles to include Front Office, Marketing, IT


CHICAGO & NEW YORK, (November 6, 2014) - Hedge fund compensation increased in 2014 as total capital invested in the hedge fund industry again reached new records, according to the 2015 Glocap Hedge Fund Compensation Report, released today by Glocap Search and HFR®.

With the industry reaching a new high of $2.82 trillion in assets and net inflows at their highest level since 2007, the industry finds itself in tight competition for talent against other industries, as well as other hedge funds, for top finance professionals. Compensation increased 5-10 percent over 2013 compensation, according to the 2015 Glocap Hedge Fund Compensation Report, with front office roles including Portfolio Managers, Traders and Senior Analysts seeing increases, as well as professionals in Marketing and IT at top performing funds.

Press Release: English | Chinese | Japanese



Read Executive Summary | Purchase Report


October 2014

HFR presents at the 2014 the First Global Hedge Fund Summit Forum held in ShenZhen by China Merchants Fund


HFR's Josh Gu speaks at the 2014 The First Global Hedge Funds Summit Forum in China

Event Agenda: Chinese


October 20, 2014

HFR, Inc. releases HFR Global Hedge Fund Industry Report for Q3 2014

HEDGE FUND CAPITAL INFLOWS STEADY AS VOLATILITY INCREASES

Total industry capital increases to 9th consecutive quarterly record;
Systematic Diversified/CTA strategies lead performance, outflows in 3Q;
Inflows spread from largest firms to small and mid-sized firms


CHICAGO, (October 20, 2014) - Total hedge fund capital increased to a record level in the third quarter as financial market volatility increased into quarter-end, with inflows concentrated in Event Driven and Fixed Income-based Relative Value Arbitrage strategies, according to the latest HFR Global Hedge Fund Industry Report, released today by HFR®, the established global leader in the indexation, research and analysis of the global hedge fund industry. Hedge fund industry capital finished the quarter at $2.82 trillion, an increase of $18 billion, or 0.6 percent, over the prior quarter; through the first three quarters of 2014, hedge fund industry assets have increased by $190 billion, or seven percent. The 3Q increase marks the 9th consecutive quarterly record level of total hedge fund industry capital.



Press Release: English | Chinese | Japanese

Details: HFR Global Hedge Fund Industry Report: Third Quarter 2014 | Purchase Report


VIDEO:
HFR President Ken Heinz discusses the latest hedge fund industry trends with Maria Bartiromo on Fox Business TV
(October 20, 2014)

View Video






October 7, 2014

MACRO HEDGE FUNDS SURGE WITH US DOLLAR AS EQUITIES, BONDS FALL

HFRI Fund Weighted Composite declines -0.4 percent in Sept, posts gain for 3Q;
Fifth gain in six months vaults Macro ahead of Equity, Event Driven strategies for 2014


CHICAGO, (October 7, 2014) - Macro hedge funds posted gains for the fifth time in six months in September, topping the August gain to post their best monthly performance since July 2012 as the U.S. dollar surged. The HFRI Macro Index gained +1.8 percent for the month, led by contributions from Macro: Multi strategy, CTA and Currency sub-strategies, it was reported today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry.

The HFRI Fund Weighted Composite Index® declined -0.4 percent in September, ending the third quarter with a gain of +0.3 percent despite posting declines in two of the three months. For the first three quarters of 2014, the HFRI Fund Weighted Composite gained +3.4 percent, topping the DJIA, Russell 2000 and most regional European equity markets, though trailing the S&P 500 and Nasdaq. The HFRI Fund of Funds Index posted a narrow gain of +0.07 percent for the month.



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VIDEO:
HFR President Ken Heinz discusses the latest hedge fund industry trends with Liz Claman on Fox Business TV (October 7, 2014)

View Video






September 17, 2014

HFR, Inc. releases HFR Market Microstructure HF Industry Report for Second Quarter 2014

EMERGING HEDGE FUND MANAGERS LEAD INDUSTRY GAINS

Hedge fund launches steady, liquidations fall in 2Q as assets eclipse milestone; Average management, incentive fees mixed for established, new hedge funds

CHICAGO, (September 17, 2014) - Emerging hedge fund managers have led industry performance over the past year, as equity markets have extended gains, investor risk tolerance has escalated and total hedge fund capital has increased to a record level. Emerging hedge fund managers with a track record of less than two years have posted an average gain of +11.3 percent in the trailing 12 months ending 2Q14, topping the gain of +9.1 percent for the HFRI Fund Weighted Composite, as reported in the latest HFR® Market Microstructure Industry Report, released today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry. The HFRI Diversity Index, comprised of hedge funds owned by women and ethnic minorities, has gained +11.1 percent over the same period.

Press Releases: English | Chinese

Details: HFR Market Microstructure Hedge Fund Industry Report - Q2 2014



September 7, 2014

MACRO SURGES TO LEAD HFRI AUGUST GAIN

Trend-following CTAs lead HFRI Macro to best month since 2011;
Equity Hedge gains led by Technology, Healthcare, Quant strategies


CHICAGO, (September 8, 2014) - Hedge funds posted broad-based gains across all strategies in August, as equity markets again eclipsed record levels despite signs of weakening European economic growth and rising geopolitical tensions. The HFRI Fund Weighted Composite Index® gained +1.6 percent in August, the strongest month since February, with gains across all strategies led by a resurgence in Macro & CTA strategies, as reported today by HFR®, the established global leader in the indexation, research and analysis of the global hedge fund industry.





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August 28, 2014

HFR, Inc. releases HFR Emerging Markets HF Industry Report for Q2 2014

EMERGING MARKETS HEDGE FUNDS NAVIGATE TURMOIL, UNCERTAINTY TO PRODUCE STRONG GAINS

HFR Russia Indices recover steep 1Q losses through mid-year despite Ukraine;
MENA, LatAm & Emerging Asia hedge funds all gain as EM assets eclipse record


CHICAGO, (August 28, 2014) – Hedge funds investing in Emerging Markets posted strong gains through mid-year, increasing total EM hedge fund assets to an eighth consecutive quarterly record, despite a sovereign debt default by Argentina and continuing geopolitical uncertainty in Ukraine, Syria, Israel, Iran and Iraq. Total hedge fund capital invested in Emerging Markets hedge funds increased to over $184 billion (1.13 trillion RMB, 421 billion Brazilian Real, 6.65 trillion Russian Rouble, 690 billion Riyal, 11.1 trillion Indian Rupee), according to the latest HFR Emerging Markets Hedge Fund Industry Report, released today by HFR, the established global leader in the indexation, research and analysis of the global hedge fund industry.

The asset increase of $9 billion of total EM Assets was entirely performance-based, with EM funds experiencing a minor net asset outflow of less than $200 million, while the total number of EM hedge funds increased to over 1,150, a new record.

Press Release: English | Arabic | Chinese | Portuguese | Russian



Details: HFR Emerging Markets HF Industry Report - Q2 2014


August 18, 2014

HFR, Inc. releases HFR Asian Hedge Fund Industry Report for Second Quarter 2014

ASIAN HEDGE FUND CAPITAL SURGES THROUGH MID-YEAR

HFRX India Index gains +18.5% for 2Q, topping Sensex gain;
Performance, inflows drive Asian hedge fund assets to 3rd consecutive quarterly record;
HFR launches HFRI China Index


CHICAGO, (August 18, 2014) - Total global capital invested in the Asian hedge fund industry reached $116.7 billion (JPY 11.19 trillion , RMB 718.8 billion) at the end of the second quarter, the third consecutive quarterly record for the Asian hedge fund industry. Asian hedge fund capital increased by $2.6 billion during Q2, driven largely by performance-based gains as funds topped local Asian equity markets, according to the latest HFR Asian Hedge Fund Industry Report, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry.

Despite the increase in capital to a record level, net capital inflows declined relative to both the prior quarter as well as year-over-year comparable to 2Q13. Outflows in Asian Equity Hedge strategies and Emerging Asian regions offset inflows into Asian Event Driven and Relative Value Arbitrage (RVA) strategies, and brought the overall 2Q14 inflow total for Asian hedge funds to $162 million. As reported previously by HFR, total hedge fund capital globally increased to a record $2.8 trillion through mid-year 2014.

Press Release: English | Chinese | Japanese



Details: HFR Asian Hedge Fund Industry Report: Q2 2014


August 7, 2014

EMERGING MARKETS, MACRO MULTI-STRATEGY HEDGE FUNDS GAIN IN JULY AS MARKETS, HFRI FALL

Broad-based HFRI FWC posts decline to start 2H14 as equities, credit, commodities decline;
HFRI Asset-Backed adds +0.9 percent, 13th consecutive monthly gain


CHICAGO, (August 7, 2014) - Emerging Markets and Macro: Multi-Strategy hedge funds posted gains in July as equity and credit markets pulled back from record highs into month end, Argentina defaulted on its outstanding bonds, the Federal Reserve continued to taper stimulus measures and commodities recorded steep losses. The HFRI Fund Weighted Composite Index® declined -0.6 percent for the month as strong, negatively-correlated contributions from EM and Macro Multi-Strat strategies failed to offset weakness in equity strategies, as reported today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry.





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July 18, 2014

HFR, Inc. releases HFR Global Hedge Fund Industry Report for Q2 2014

HEDGE FUND CAPITAL SURGES TO NEW MILESTONE ON STRONG 2Q INFLOWS

First half inflows best since 2011 as investors position for QE end, record equity levels; Fund of Funds show 1st inflow in 3 years;
Activist, Credit Multi-Strategy hedge funds lead industry capital expansion


CHICAGO, (July 18, 2014) - Total hedge fund capital surged to an 8th consecutive quarterly record in 2Q14 as investors allocated across most hedge fund strategies, according to the latest HFR® Global Hedge Fund Industry Report, released today by HFR, the established global leader in the indexation, research and analysis of the global hedge fund industry. Investors allocated $30.5 billion of new capital to the hedge fund industry in 2Q14, surpassing the $26.3 billion that was allocated in 1Q and the largest quarterly inflow since investors allocated $32.5 billion in 1Q11. The inflow of $56.9 billion in the first half of 2014 increased total hedge fund industry capital globally to over $2.8 trillion, surpassing the previous record of $2.7 trillion from the prior quarter. The HFRI Fund Weighted Composite Index gained +2.0 percent in 2Q14 and +3.2 percent for 1H, led by gains in Relative Value Arbitrage and Event Driven strategies.



Press Release: English | Chinese | Japanese

Details: HFR Global Hedge Fund Industry Report: Second Quarter 2014 | Purchase Report


July 8, 2014

EQUITY, EVENT DRIVEN STRATEGIES DRIVE MID YEAR GAINS

HFRI posts 2nd best gain for 2014 in June to conclude first half;
RVA leads all strategies through mid-year, posts 10th consecutive monthly gain


CHICAGO, (July 8, 2014) - Hedge funds posted gains in June to conclude the first half of 2014, as equities eclipsed new records and implied volatilities fell sharply despite rising geopolitical tension. The HFRI Fund Weighted Composite Index® gained +1.3 percent for the month, led by Equity Hedge and Event Driven strategies, bringing 1H14 performance for the broad based composite to +3.2 percent. This first half performance is in line with 1H13 gain of +3.2 percent, though hedge funds posted gains in only three of six months in 2014 in contrast to gains in five months in 1H13. The HFRI Fund of Funds Composite Index was up +0.9 percent in June, concluding 1H14 with a gain of +2.0 percent but trailing the gain of +3.4 percent for the same period in 2013.



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June 19, 2014

HFR, Inc. releases HFR Market Microstructure HF Industry Report for First Quarter 2014

HEDGE FUND LAUNCHES RISE AS CAPITAL GROWTH ACCELERATES

Event Driven launches jump on M&A, Shareholder Activist trends;
Average fees decline as dispersion narrows, mixed data on vintage fees


CHICAGO, (June 19, 2014) - Hedge fund launches rose through early 2014 as new launches in Equity Hedge and Event Driven continued to attract new investors, and total hedge fund capital rose globally to a record $2.7 trillion at the end of the first quarter. New hedge fund launches totaled 289 in 1Q14, up from 244 in the prior quarter, and the highest total since 297 funds launched in 1Q13, as reported in the latest HFR® Market Microstructure Industry Report, released today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry. Hedge fund liquidations totaled 272 for 1Q14, a decline from the 296 closures in the prior quarter but still the second highest quarterly liquidation total since 2Q09.

Press Releases: English | Chinese

Details: HFR Market Microstructure Hedge Fund Industry Report - Q1 2014



June 6, 2014

HEDGE FUNDS POST BROAD BASED GAINS FOR MAY

Growth, Emerging Markets, Activist & Yield Alternative strategies lead May performance;
HFRI Relative Value Index posts 9th consecutive gain, leading all strategies for 2014


CHICAGO, (June 6, 2014) - Hedge funds posted gains across all main strategies in May, recovering from small declines in each of the prior two months, with returns driven by an equity market recovery, robust acceleration of M&A activity and falling yields. The HFRI Fund Weighted Composite Index gained +1.2 percent for the month, led by contributions from Fundamental Growth, Shareholder Activist, Emerging Markets and Yield Alternative strategies, as reported today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. Despite posting gains in only two of five months thus far for 2014, strong performance in February and May has more than offset the relatively mild declines in the other months, bringing YTD performance for the HFRI to +2.0 percent. Fund of Hedge Funds also advanced for May, with the HFRI Fund of Funds Index gaining +1.1 percent.



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>>> View Official Announcement



HFR President Ken Heinz accepts an award


May 30, 2014

HFR, Inc. releases HFR Emerging Markets HF Industry Report for Q1 2014

RUSSIAN HEDGE FUNDS POST STEEP LOSSES ON UKRAINE CRISIS

Emerging Market hedge fund capital rises to record despite Russian losses;
Emerging Asia, MENA regions post offsetting gains


CHICAGO, (May 30, 2014) - Hedge funds focused on investing in volatile Russia and Eastern Europe have posted steep losses year-to-date (YTD), with Russian equity, currency, sovereign bond and commodity markets declining sharply as a result of the crisis in Ukraine. The HFRI EM: Russia/Eastern Europe Index fell -9.7 percent YTD through April, the worst decline since the Index lost -10.5 percent in May 2012, according to the latest HFR Emerging Markets Hedge Fund Industry Report, released today by HFR, the established global leader in the indexation, research and analysis of the global hedge fund industry.

Despite the steep performance losses in Russia, total hedge fund capital invested in Emerging Markets rose to $175.6 Billion (1.01 Trillion RMB, 393 Billion Brazilian Real, 6.037 Trillion Russian Ruble, 658 Billion Riyal, 10.36 Trillion Indian Rupee) a seventh consecutive quarterly record, as inflows into Emerging Asia, Middle East and Multi-EM offsetting performance based asset declines in Russia and Latin America. Investors allocated $3.4 billion of new capital to hedge funds as EM hedge fund assets increased by nearly $5 billion during the quarter.

Press Release: English | Arabic | Chinese | Portuguese | Russian



Details: HFR Emerging Markets HF Industry Report - Q1 2014


May 9, 2014

HFR, Inc. releases HFR Asian Hedge Fund Industry Report for First Quarter 2014

EMERGING ASIA LEADS ASIAN HEDGE FUND INDUSTRY TO SECOND CONSECUTUVE QUARTERLY ASSET RECORD

India, Korea-located hedge funds post 1Q gains as Asian equities fall;
Asian Event Driven leads gains as investors position for M&A wave


CHICAGO, (May 9, 2014) - The strong inflows into Asian hedge funds that began towards the end of 2013 continued into the first quarter of 2014, driving total capital invested in the Asian hedge fund industry to a second consecutive quarterly record. Investors allocated over $2 billion in net new capital to Asian hedge funds in 1Q14, bringing total Asian hedge fund industry capital to $114 billion USD (Japanese ¥: 11.63 trillion; Chinese Renminbi: 713 billion), according to the latest HFR Asian Hedge Fund Industry Report, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. As reported earlier, global hedge fund industry assets also increased to a new record in 1Q14, exceeding $2.7 trillion (Japanese ¥: 276 trillion; Chinese Renminbi: 16.9 trillion), on inflows of $26 billion.

Press Release: English | Chinese | Japanese

Details: HFR Asian Hedge Fund Industry Report: Q1 2014


May 7, 2014

TECHNOLOGY WEAKNESS LEADS MIXED HEDGE FUND PERFORMANCE IN APRIL

Relative Value Arbitrage leads gains, offsetting Equity Hedge;
HFRI Technology/Healthcare Index posts largest monthly decline in over five years


CHICAGO, (May 7, 2014) - Hedge funds posted a narrow decline in April, as the sharp decline in Technology offset gains in Fixed Income-based Relative Value Arbitrage and Macro strategies, according to data released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. The HFRI Fund Weighted Composite Index posted a decline of -0.17 percent for the month of April, the second consecutive decline for the HFRI, bringing index performance YTD through April to +0.9 percent. The declines in March and April mark the first time the HFRI has posted consecutive monthly declines since April-May 2012



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April 21, 2014

HFR, Inc. releases HFR Global Hedge Fund Industry Report for Q1 2014

STRONG INFLOWS DRIVE HEDGE FUND CAPITAL TO NEW RECORD IN 1Q14

Investors allocate largest amount of new capital to industry in nearly three years; Equity Hedge and Shareholder Activist capital spikes, Macro falls on CTA weakness

CHICAGO (April 21, 2014) - Total hedge fund assets surged to set another record in the first quarter of 2014 as investors allocated the most new capital to the industry since 2Q11. Global hedge fund capital increased to $2.70 trillion, the seventh consecutive quarterly record, as investors allocated $26.3 billion of new capital to the industry, according to the latest HFR® Global Hedge Fund Industry Report, released today by HFR, the established global leader in the indexation, research and analysis of the global hedge fund industry. Inflows for the first quarter were the largest since investors allocated $32.5 billion in 2Q11; 1Q14 results also follow inflows of $63.7 billion for 2013. The HFRI Fund Weighted Composite Index gained +1.1 percent in 1Q14, navigating an increase in volatility over calendar year (CY) 2013 with gains across Relative Value Arbitrage and Event Driven strategies.

Learn More about the latest HFR Report NEW VIDEO:

HFR President Ken Heinz discusses the latest hedge fund industry trends with Maria Bartiromo on Fox Business TV

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(April 21, 2014)


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Details: HFR Global Hedge Fund Industry Report: First Quarter 2014 | Purchase Report


April 7, 2014

HEDGE FUNDS CONCLUDE VOLATILE 1Q14 WITH MIXED PERFORMANCE IN MARCH

Macro losses offset Relative Value gains to end quarter;
RVA, Event Driven top equity markets, lead all hedge fund strategies through 1Q14


CHICAGO, (April 7, 2014) - Hedge funds posted mixed performance in March as investor uncertainty over secular unrest in Ukraine and Syria, as well as mixed macroeconomic outlooks for China, Europe and the U.S., contributed to increased volatility across equity, currency, commodity and fixed income markets. Hedge funds posted a narrow decline for the month, with the HFRI Fund Weighted Composite (FWC) Index falling -0.3 percent, as losses in Macro and CTA strategies offset gains in Relative Value Arbitrage strategies, according to data released today by HFR®, the established global leader in indexation, analysis and research for the global hedge fund industry. For the first quarter, the HFRI FWC gained +1.1 percent, with a strong February gain offsetting declines in both January and March.





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March 18, 2014

HFR, Inc. releases HFR Market Microstructure HF Industry Report for Year End 2013

NEW HEDGE FUND LAUNCHES FALL AS TOP HFRI PERFORMERS SURGE

Launches lowest since 2010, highest liquidations since 2009;
Top performers lead decile dispersion to highest level in four years


CHICAGO, (March 18, 2014) - New hedge fund launches declined to their lowest level in three years in 2013 even as total hedge fund industry capital ended the year at a record $2.62 trillion. New hedge fund launches totaled 1,060 for 2013, the lowest level since 935 funds launched in 2010, according the latest HFR Market Microstructure Industry Report, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. While the 2013 full year launch total fell below the totals of 1,108 and 1,113 in each of the prior two years, respectively, launches in 4Q13 rose to 244, topping the 231 from the prior quarter though trailing the 284 launches from 4Q12. Launches for 2013 were led by Equity Hedge strategies, with 428 new funds, followed by Macro strategies with 256 new funds.

Press Releases: English | Chinese

Details: HFR Market Microstructure Hedge Fund Industry Report - Year End 2013



March 7, 2014

EQUITY, COMMODITY HEDGE FUNDS LEAD STRONG FEBRUARY PERFORMANCE GAINS

Energy, Technology, Distressed and Growth among top performers; All strategies positive as HFRI posts best gain since January 2013

CHICAGO, (March 7, 2014) - Hedge funds posted strong gains in February as equity, commodity and fixed income markets recovered from the prior month's volatility, despite continued turbulence in Emerging Markets. The HFRI Fund Weighted Composite Index advanced +2.1 percent for the month, the best monthly gain in over a year, benefitting from significant and broad-based contributions across a diverse range of strategies, according to data released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. The HFRI Fund of Funds Index gained +1.8 percent for the month, also the strongest gain since January 2013.



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February 28, 2014



HedgeWeek recognizes HFR as Best Index Provider 2014

Read more about the HedgeWeek Global Awards


HFR's Lorenzo Menichino accepts the award



February 28, 2014

HFR, Inc. releases HFR Emerging Markets HF Industry Report for Year End 2013

EMERGING MARKETS HEDGE FUNDS FALL AS REGIONAL VOLATILITY SOARS

Equity, Currency weakness in Ukraine, Argentina contributes to early '14 losses;
Hedge fund capital invested in Emerging Markets hits record to begin 2014


CHICAGO, (February 28, 2014) - Hedge funds investing in Latin America and Eastern Europe experienced sharp losses to begin 2014 even as the funds saw strong capital inflows from investors to start the year, according to the latest HFR Emerging Markets Hedge Fund Industry Report, released today by HFR®, the established global leader in indexation, analysis and research for the global hedge fund industry. Total hedge fund capital invested in Emerging Markets increased by over $9 billion in 4Q 2013 to over $170 billion (Chinese RMB: 1.03 T, Brazilian Real 396 billion, Russian Rubble 6.04 T, Saudi Riyal: 637 billion, Indian Rupee: 10.55 T) with inflows for the quarter of $2.1 billion. For the full year 2013, total hedge fund capital invested in EM increased by nearly $20 billion, on inflows of over $6.4 billion.

Press Release: English | Arabic | Chinese | Portuguese | Russian

Details: HFR Emerging Markets HF Industry Report - Year End 2013


February 12, 2014

HFR, Inc. releases HFR Asian Hedge Fund Industry Report for Year End 2013

ASIAN HEDGE FUND INDUSTRY SURGES TO RECORD IN 2014

HFRX Japan, China Indices drive performance gains and asset growth in 2013;
Total Asian hedge fund capital surpasses pre-Crisis, 2007 peak


CHICAGO, (February 12, 2014) - Investor capital continued to pour into the Asian hedge fund industry in late 2013 and early 2014, with record inflows and performance driving total investor capital to surpass the record level set in 2007, prior to the 2008 Financial Crisis. Total capital invested in the Asian hedge fund industry grew to $112.3 billion USD (Japanese ¥: 11.48 trillion; Chinese Renminbi: 680.9 billion), according to the latest HFR Asian Hedge Fund Industry Report, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry.

Asset growth for both 4Q and January 2014 was driven by investor allocations, as well as performance gains. Investors allocated $4.2 billion (Japanese ¥: 430 billion; Chinese Renminbi: 25.46 billion) of new capital to the region's hedge funds in 4Q, the highest quarterly inflows since HFR began tracking in 1Q08, bringing full year 2013 inflows to $10.5 billion (Japanese ¥: 1.07 trillion; Chinese Renminbi: 63.7 billion), also a calendar year record.

Press Release: English | Chinese | Japanese

Details: HFR Asian Hedge Fund Industry Report: Year End 2013


February 8, 2014

MACRO, EMERGING MARKETS HEDGE FUNDS LEAD MIXED JANUARY DECLINES

Gains in Relative Value Arbitrage, EH: Technology/Healthcare offset by EM & CTA losses;
HFRI Macro: Active Trading, Discretionary Thematic Indices mixed in volatile month


CHICAGO, (February 7, 2014) - Hedge funds posted declines to begin 2014 in a volatile month for both developed and emerging market equities and currencies. The HFRI Fund Weighted Composite Index posted a decline of -0.6 percent for January, with concentrated weakness in Emerging Market and CTA/Systematic Macro strategies leading the decline, according to data released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry.



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January 21, 2014

HFR, Inc. releases HFR Global Hedge Fund Industry Report for Year End 2014

HEDGE FUND ASSETS SURGE TO NEW RECORD TO BEGIN 2014

Inflows into Event Driven, Equity strategies led by Special Situations, Fundamental Growth;
Inflows to mid-sized firms top largest firms in 4Q as investor risk tolerance returns


CHICAGO, (January 21, 2014) - Capital invested in the global hedge fund industry surged to a record in the fourth quarter, finishing a strong year of capital growth as hedge funds posted the best performance in three years. Total capital increased in 4Q by $120 billion on $10.5 billion of net inflows to $2.63 trillion, the sixth consecutive quarterly record, led by a surge in investor interest in Event Driven strategies, including Special Situations and Distressed/Restructuring funds, according to the latest HFR Global Hedge Fund Industry Report, released today by HFR®. For the full year, total hedge fund capital increased by $376 billion on $63.7 billion of net inflows, as the HFRI® Fund Weighted Composite Index posted a gain of +9.2 percent, the best calendar year performance since 2010.

Press Release: English | Chinese | Japanese

Details: HFR Global Hedge Fund Industry Report: Year End 2013 | Purchase Report


January 8, 2014

EQUITY, EVENT DRIVEN HEDGE FUNDS LEAD INDUSTRY TO BEST GAIN SINCE 2010

Technology/Healthcare, Yield Alternatives and Distressed Strategies lead 2013 performance as HFRI posts 16th advance in 19 months;

Macro, CTA strategies post narrow decline for 2013 despite ending year with 3rd consecutive monthly gain

CHICAGO, (January 8, 2014) - Hedge funds posted a fourth consecutive month of gains in December led by Equity Hedge and Event Driven strategies, as broad-based performance gains across all strategies contributed to the strongest annual performance since 2010. The HFRI Fund Weighted Composite Index gained +1.2 percent in December, bringing full year 2013 performance to +9.3 percent , as reported today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry. The HFRI Fund of Hedge Funds Index advanced +1.2 percent for December and +8.7 percent for 2013, the best annual performance since 2009.

Performance gains for December and for 2013 were led by resurgent Equity Hedge strategies, with the HFRI Equity Hedge Index gaining +1.6 percent for the month and +14.6 percent for the year, also the best annual performance since 2009. Mirroring trends in the broader equity market and benefitting from the strong IPO environment, the strongest area of EH sub-strategy performance was from funds focused on Technology and Healthcare, with the HFRI EH: Technology/Healthcare Index gaining +2.6 percent in December and +22.3 percent for 2013, completing a 5th consecutive year of gains and nearly topping the +25.8 percent gain for 2009. Energy/Basic Materials funds also posted strong gains for December, up +2.1 percent, while Fundamental Value strategies climbed +1.9 percent for December and +20.1 percent for 2013.

View Full Press Release: English (Revised 01/08/2014 2:30pm CT) | Chinese

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December 13, 2013

HFR, Inc. releases HFR Market Microstructure HF Industry Report for Q3 2013

HEDGE FUND LAUNCHES FALL AS UNCERTAINTY OVER VOLCKER RULE RISES

Liquidations rise as proprietary trading, hedge fund ownership restrictions approved;
Fund performance dispersion mixed as fees decline


CHICAGO, (December 13, 2013) - New hedge fund launches declined to the lowest level in nearly three years in the third quarter, while the number of hedge fund liquidations rose to the highest level since the fourth quarter of 2012, according the latest HFR Market Microstructure Industry Report, released today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry. The trends in launches and liquidations occurred in Q3 as U.S. regulators proceeded toward approval of the Volcker Rule (which was recently approved this week), while launch trends have not been significantly impacted by the recent relaxation of hedge fund marketing restrictions associated with the JOBS Act.

New fund launches totaled 231 for the third quarter, declining from 288 in the prior quarter and 275 in the third quarter of 2012, representing the lowest quarterly launch total since the fourth quarter of 2010 when 220 funds were launched. A total of 816 new hedge funds launched in the first three quarters of 2013, narrowly trailing the 824 funds launched in the same period in 2012. In the trailing 12 months, 1,100 funds have launched, narrowly trailing the launch totals from calendar years 2011 and 2012. The record number of new fund launches occurred in 2005, when 2,073 funds launched.

Press Releases: English | Chinese

Details: HFR Market Microstructure Hedge Fund Industry Report - Q3 2013



December 6, 2013

EQUITY HEDGE LEADS HEDGE FUND GAINS INTO YEAR END

HFRI Fund Weighted Composite posts 11th gain in 13 months; Macro bids to turn positive for 2013, snap two year decline

CHICAGO, (December 6, 2013) - Hedge funds extended 2013 gains in November, with positive contributions across all strategy areas led by Equity Hedge, as the HFRI Fund Weighted Composite Index posted its 11th gain in the past 13 months, as reported today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry. The HFRI Fund Weighted Composite Index gained +1.0 percent for November, the third consecutive monthly gain, bringing year-to-date (YTD) performance to +8.3 percent.

Equity Hedge (EH) funds led industry gains for November with the HFRI Equity Hedge Index climbing +1.2 percent, extending the YTD gain to +12.9 percent, putting EH on course for the best calendar year since climbing +24.6 percent in 2009. EH gains were led by funds concentrated in Technology, Healthcare and Fundamental Value strategies, with the HFRI EH: Technology/Healthcare Index gaining +2.3 percent for November and +19.7 percent YTD, while the HFRI Fundamental Value Index gained +1.5 percent for November and +18.0 percent YTD. EH gains were partially offset by dedicated Short Bias funds, which declined -1.3 percent in the month and have declined -15.9 percent YTD.

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November 7, 2013

EQUITY HEDGE LEADS HEDGE FUND GAINS INTO YEAR END

HFRI Fund Weighted Composite posts 11th gain in 13 months;
Macro bids to turn positive for 2013, snap two year decline


CHICAGO, (December 6, 2013) - Hedge funds extended 2013 gains in November, with positive contributions across all strategy areas led by Equity Hedge, as the HFRI Fund Weighted Composite Index posted its 11th gain in the past 13 months, as reported today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry. The HFRI Fund Weighted Composite Index gained +1.0 percent for November, the third consecutive monthly gain, bringing year-to-date (YTD) performance to +8.3 percent.

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HFR voted #1 Hedge Fund Index Provider in annual Hedge Funds Review Service Provider Rankings for 3rd consecutive year





November 15, 2013

HFR, Inc. releases HFR Emerging Markets HF Industry Report for Q3 2013

HEDGE FUNDS IN EMERGING ASIA, MID-EAST, RUSSIA LEAD 3Q GAINS

EM hedge funds extend YTD gains as local equity, currency markets rebound;
Hedge fund capital in EM notches fifth consecutive record


CHICAGO, (November 15, 2013) - Emerging Markets hedge funds extended year-to-date (YTD) performance gains in the third quarter as local equity and currency markets posted a strong recovery on a continuation of the US Federal Reserve stimulus measures, according to the latest HFR Emerging Markets Hedge Fund Industry Report, released today by HFR, the established global leader in indexation, analysis and research for the global hedge fund industry.

The HFRI Emerging Markets (EM) Total Index gained +3.0 percent in 3Q13 and +2.5 percent in October, bringing YTD performance for the EM Index to +4.7 percent, outdistancing most individual EM local equity markets. Total hedge fund capital invested in Emerging Markets increased to $161.0 billion (Chinese RMB 980 B, Russian Ruble 5.29 trillion, Brazil Real 377 B, Indian Ruppe 10.3 trillion, Saudi Riyal 604 billion), the fifth consecutive quarterly record asset level for EM hedge fund capital.

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November 7, 2013

HEDGE FUNDS GAIN TO BEGIN FOURTH QUARTER AS U.S. OUTLOOK IMPROVES

Macro & CTA strategies register best gains since January; Equity, Event funds lead industry with best YTD performance since 2009

CHICAGO, (November 7, 2013) - Hedge funds posted broad-based gains to begin the fourth quarter, as the U.S. government shutdown concluded while investors and fund managers positioned for an anticipated reduction of the Federal Reserve's stimulus measures in early 2014. The HFRI Fund Weighted Composite Index (FWC) gained +1.5 percent for October, the 10th gain in the last 12 months, with positive contributions across all strategies led by Equity Hedge and Event Driven, as was reported today by HFR, the established leader in indexation, analysis and research of the global hedge fund industry. The FWC Index has gained +7.2 percent through October, the best YTD performance since 2009 when it gained +20.0 percent.

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November 6, 2013

HFR & RISK-AI LAUNCH HFR2GO MOBILE APP

Investors and hedge funds are now able to analyze hedge fund performance & risk via iPad and iPhone

CHICAGO, (November 6, 2013) - Hedge Fund Research, Inc. (HFR) and Risk-AI, LLC (Risk-AI) have teamed together to launch a breakthrough mobile application, HFR2GO, for iPad and iPhone, it was announced today.

HFR2GO is an easy-to-use solution that allows users to track global hedge fund industry performance by strategy, region of investment, and beyond. This new app delivers investors and hedge funds on-the-go access to an expansive set of hedge fund industry research, never before available in a mobile application.

HFR2GO was developed from the combination of HFR's industry-leading hedge fund database and Risk-AI's advanced technology. Investors, hedge funds, and service providers can access the full suite of HFR Indices via their mobile devices to gain insight into the performance of the hedge fund industry. With over 110 indices available, there is a wealth of statistics on all key sectors. In total, more than two decades of index performance histories are delivered along with three new updates per month.

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Learn more at www.HFR2GO.com



October 31, 2013

2014 Glocap Hedge Fund Compensation Report Published

HEDGE FUND COMPENSATION RISES AS HIRING TRENDS SHIFT ON RECORD INDUSTRY ASSETS

Compensation gains for Portfolio Managers, Risk Managers reflect increased investor visibility;
Bonus structure, role evolution contributes to greater alignment of interest


CHICAGO, (October 31, 2013) - Hedge fund industry compensation rose for the 3rd consecutive year, as trends of increased investor visibility, organizational transparency, increased reporting requirements and role evolution accelerated on record industry assets. Average compensation rose between five and ten percent in 2013, with wide categorical and performance driven disparity, and with Portfolio Managers, Senior Analysts and Risk Managers at top performing funds seeing the highest relative increases, according the latest 2014 Glocap Hedge Fund Compensation Report, published today by Glocap and HFR.

Over the first three quarters of 2013, global hedge fund industry capital exceeded $2.51 trillion, the fifth consecutive quarterly asset level record, as the HFRI Fund Weighted Composite Index gained +5.5 percent YTD. The percentage of all hedge funds which reached their high watermarks YTD through September also rose to 62 percent, a sharp increase from the 48.4 percent of funds which reached respective high watermarks in 2012.

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October 31, 2013

HFR, Inc. releases HFR Asian Hedge Fund Industry Report for Third Quarter 2013

ASIAN HEDGE FUND CAPITAL GROWTH ACCELERATES AS ABENOMICS CREATES OPPORTUNITY

HFRX Japan Index extends record gains;
China, Singapore expand as leading Asian hedge fund headquarters


CHICAGO, (October 31, 2013) - Capital invested in Asian hedge funds surged to its highest level in five years and passed an important growth milestone in the third quarter, according to the latest HFR Asian Hedge Fund Industry Report, released today by HFR. Total capital invested in the Asian hedge fund industry increased to $103.8 billion (¥ 10.14 trillion Japanese Yen, RMB 654 billion) surpassing the $100 billion milestone for the first time since 2Q08, prior to the global Financial Crisis. Performance gains were led by the HFRX Japan Index, which extended record performance gains in 3Q13, while hedge funds in Emerging Asia continued to outperform local equity markets. Global hedge fund capital increased by $94 billion to a record of $2.51 trillion (¥ 244 trillion Japanese Yen; RMB 15.7 trillion) in 3Q13.

Press Release: English | Chinese | Japanese



Details: HFR Asian Hedge Fund Industry Report: Q3 2013


October 18, 2013

HFR, Inc. releases HFR Global Hedge Fund Industry Report for Third Quarter 2013

HEDGE FUND ASSETS SURPASS NEW MILESTONE IN THIRD QUARTER

Highest capital inflows since 2Q11 drive industry assets above $2.5 trillion;
Resurgent flows return Equity Hedge to largest strategy area by investor assets


CHICAGO, (October 18, 2013) - Total capital invested in the global hedge fund industry surged to a fifth consecutive quarterly record in 3Q13, driven by the highest inflows in over 2 years and eclipsing another milestone of industry expansion. Hedge fund capital rose to $2.51 trillion in 3Q13, an increase of $94 billion over the prior quarter, with growth distributed across all strategy areas, according to the latest HFR Global Hedge Fund Industry Report, released today by HFR, the established leader in indexation, analysis and research for the global hedge fund industry. Investors allocated over $23 billion of net new capital to hedge funds in 3Q13, the highest quarterly inflows since 2Q11. The HFRI Fund Weighted Composite Index gained +2.2 percent in 3Q13 and has gained +5.5 percent YTD through September, with performance leadership from Equity Hedge and Event Driven strategies.

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Details: HFR Global Hedge Fund Industry Report: Q3 2013 | Purchase Report


October 7, 2013

HEDGE FUNDS POST SEPTEMBER GAINS AS FED MAINTAINS STIMULUS

Equity Hedge, Event Driven lead gains as funds position for US government shutdown; German elections add to increasing investor risk tolerance, IPO activity builds

CHICAGO, (October 7, 2013) - Hedge funds posted strong gains in September, as the US Federal Reserve maintained current bond purchase stimulus measures, German elections produced favorable results and investors prepared for the US government to shut down over the budget bill impasse. The HFRI Fund Weighted Composite Index gained +1.6 percent for the month, the strongest performance since January 2013 and the second highest gain in the last 19 months, as reported today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry.

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September 12, 2013

HFR, Inc. releases HFR Market Microstructure HF Industry Report for Q2 2013

HEDGE FUND LAUNCHES STEADY AS U.S. EASES MARKETING RESTRICTIONS

Average management, incentive fees continue decline through 2Q; Fund performance dispersion increases as top decile improves

CHICAGO, (September 12, 2013) - Hedge fund launches and liquidations both declined modestly in the second quarter, as US regulators eased restrictions on the marketing of hedge funds. A total of 288 new hedge funds launched in 2Q13, a slight decline from the 297 funds launched in 1Q13 but representing a year over year increase from the 245 funds launched in 2Q12, according to the latest HFR Market Microstructure Industry Report, released today by HFR, the established global leader in the indexation, research and analysis of the global hedge fund industry. Total hedge fund launches in the trailing 4 quarters ending 2Q totaled 1144, the highest total since nearly 1200 funds launched in the trailing 4 quarters ending 1Q08.

Press Releases: English

Details: HFR Market Microstructure Hedge Fund Industry Report - Q2 2013



September 9, 2013

HEDGE FUNDS POST AUGUST DECLINES AS POLITICAL TENSIONS RISE

Risks rise over Emerging Markets, Syria, Fed stimulus extraction; Mixed performance in Event Driven, Relative Value Arbitrage as HFRI posts 2nd decline for 2013

CHICAGO, (September 9, 2013) - Hedge funds declined in August while US equity markets posted the largest decline of 2013 as investors reduced risk in reaction to weakness in Emerging Market equities and currencies, expectations for the end of tapering by the US Federal Reserve, and uncertainty regarding US and international involvement in Syria. The HFRI Fund Weighted Composite declined by -0.70 percent for the month with mixed performance across various Equity Hedge, Event Driven and Relative Value Arbitrage strategies offsetting weakness in Macro strategies, as reported today by HFR, the established global leader in the indexation, research and analysis of the global hedge fund industry.

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August 23, 2013

HFR, Inc. releases HFR Emerging Markets HF Industry Report for Q2 2013

EMERGING MARKET HEDGE FUND ASSETS RISE AS CURRENCIES FALL

Inflows to Middle East, LatAm, Emerging Asia funds increase EM assets to new record;
Concerns of US tapering & slow EM growth pressure Real, Rupee and South African Rand


CHICAGO, (August 23, 2013) - Hedge fund assets invested in Emerging Markets increased to a new record in 2Q13 as Emerging Markets hedge funds extended gains through mid-year and investors positioned for continued EM currency volatility in 2H13. Total hedge fund capital invested in Emerging Markets increased to $154.9 billion (Chinese RMB 948 billion, Russian Ruble 5.1 trillion, Brazil Real 371 billion, Indian Ruppe 9.8 trillion, Saudi Riyal 580 billion), the fourth consecutive quarterly record asset level for EM hedge fund assets, according to the latest HFR Emerging Markets Hedge Fund Industry Report, released today by HFR, the established global leader in indexation, analysis and research for the global hedge fund industry.

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August 9, 2013

HFR, Inc. releases HFR Asian Hedge Fund Industry Report for Second Quarter 2013

CAPITAL FLOWS TO ASIAN HEDGE FUNDS TOP US, EUROPEAN FUNDS

HFRX Japan Index leads 2Q performance gains, outperforming US equities;
Japanese hedge fund assets surge to highest level since 2007


CHICAGO (August 9, 2013) - Building on strong recent performance gains, global investors increased allocations to Asian hedge funds in the second quarter with net inflows to Asian hedge funds exceeding the flows to both U.S. and European-focused hedge funds, according to the latest HFR Asian Hedge Fund Industry Report, released today by HFR, the established global leader in indexation, analysis and research for the global hedge fund industry.

Investors allocated over $3 billion of new capital to Asian hedge funds, with new inflows concentrated in Equity Hedge strategies and Japan-focused funds. As of 2Q, total capital invested in the Asian hedge fund industry increased to over $98.4 billion (¥9.6 Trillion Japanese Yen, 602 Billion RMB), the highest level since 2007. Total global hedge fund industry capital increased by nearly $40 billion to a record $2.41 trillion (¥235 Trillion Japanese Yen, 14.7 Trillion RMB) in 2Q13.

Press Release: English | Chinese | Japanese

Details: HFR Asian Hedge Fund Industry Report: Q2 2013


August 7, 2013

EQUITY HEDGE DRIVES HFRI JULY GAINS ON EARNINGS, M&A

HFRI Fund Weighted Composite Index declines -1.3 percent, snapping seven-month advance; Losses led by Emerging Markets, Commodity, interest rate-sensitive exposures

CHICAGO (July 8, 2013) - Hedge funds posted the first monthly decline for 2013 in June, ending a streak of seven consecutive months of gains, the longest run of positive performance seen by the industry since 2011, according to data released today by HFR, the established global leader in the indexation, research and analysis of the hedge fund industry.

The HFRI Fund Weighted Composite Index declined -1.3 percent for the month, only the second decline in the trailing thirteen months. All four main HFRI Strategy Indices posted losses for June, with declines led by Macro and Equity Hedge strategies. The HFRI Macro Index posted a decline of -1.5 percent with negative contributions from Trend Following strategies, Fixed Income, Emerging Markets and Commodity Metals exposures. Emerging Markets posted losses across equity, sovereign bond and currency markets, as US yields rose significantly for the month; HFRI Emerging Markets Index declined by -4.0 percent, led by declines in Emerging Asia and Latin America, which declined -5.7 and -5.2 percent, respectively. The HFRI Systematic Diversified/CTA Index declined -1.8 percent, erasing the previous YTD gain of +1.3 percent through May. Commodity-focused strategies also declined by -1.4 percent, while Discretionary Macro strategies declined -1.9 percent.

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July 18, 2013

HFR, Inc. releases HFR Global Hedge Fund Industry Report for Second Quarter 2013

HEDGE FUNDS EXTEND RECORD ASSET TOTAL FOR FOURTH CONSECUTIVE QUARTER

Total hedge fund assets surpass $2.4 trillion, led by credit-sensitive Event Driven strategies;
Number of hedge funds surpasses 10,000 for first time since 2006


CHICAGO (July 18, 2013) - Total capital invested globally in hedge funds increased to a record level for the fourth consecutive quarter in 2Q13, according to the latest HFR Global Hedge Fund Industry Report, released today by HFR, the established leader in indexation, analysis and research for the global hedge fund industry. The growth in assets in 2Q13 extended a streak of steady increases in hedge fund capital despite a surge in financial market volatility into quarter end.

Total hedge fund capital increased by a net total of $40 billion in 2Q13 to a record $2.41 trillion. Hedge funds that took in new capital saw inflows of $55.9 billion during the quarter, while funds that experienced redemptions booked outflows totaling $41.4 billion, resulting in a net inflow of $14.5 billion, which is in line with the 1Q13 inflow of $15.2 billion. Sixty percent of all hedge funds experienced net inflows for 2Q13 while forty percent experienced outflows. The first half 2013 inflow of $29.8 billion surpassed 1H inflows in 2012 ($20.4 billion) and nearly matched the full year 2012 total of $34.4 billion. The total number of hedge funds increased to over 10,000 funds for the first time since 2006, at which time a record number of 10,096 funds existed.

Press Release: English | Chinese | Japanese


Details: HFR Global Hedge Fund Industry Report: Q2 2013


July 8, 2013

HEDGE FUNDS POST FIRST DECLINE FOR 2013 IN JUNE

HFRI Fund Weighted Composite Index declines -1.3 percent, snapping seven-month advance; Losses led by Emerging Markets, Commodity, interest rate-sensitive exposures

CHICAGO (July 8, 2013) - Hedge funds posted the first monthly decline for 2013 in June, ending a streak of seven consecutive months of gains, the longest run of positive performance seen by the industry since 2011, according to data released today by HFR, the established global leader in the indexation, research and analysis of the hedge fund industry.

The HFRI Fund Weighted Composite Index declined -1.3 percent for the month, only the second decline in the trailing thirteen months. All four main HFRI Strategy Indices posted losses for June, with declines led by Macro and Equity Hedge strategies. The HFRI Macro Index posted a decline of -1.5 percent with negative contributions from Trend Following strategies, Fixed Income, Emerging Markets and Commodity Metals exposures. Emerging Markets posted losses across equity, sovereign bond and currency markets, as US yields rose significantly for the month; HFRI Emerging Markets Index declined by -4.0 percent, led by declines in Emerging Asia and Latin America, which declined -5.7 and -5.2 percent, respectively. The HFRI Systematic Diversified/CTA Index declined -1.8 percent, erasing the previous YTD gain of +1.3 percent through May. Commodity-focused strategies also declined by -1.4 percent, while Discretionary Macro strategies declined -1.9 percent.

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June 13, 2013

HFR, Inc. releases HFR Market Microstructure HF Industry Report for Q1 2013

HEDGE FUND LAUNCHES RISE AS INVESTOR RISK TOLERANCE RETURNS

Equity Hedge, European-located funds lead launch trend; Management, Incentive Fees decline as performance dispersion narrows

CHICAGO (June 13, 2013) - The number of new hedge fund launches increased for the fourth consecutive quarter in 1Q13, according to the latest HFR Market Microstructure Industry Report, released today by HFR, the established global leader in indexation, analysis and research for the global hedge fund industry. Hedge fund launches in 1Q13 totaled 297 funds, the third highest quarterly launch total since the beginning of 2008, narrowly trailing only 1Q12 (304) and 1Q11 (298). Hedge fund liquidations declined to 196 in 1Q13 from 211 and 238 in each of the prior two quarters, respectively.

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Details: HFR Market Microstructure Hedge Fund Industry Report - Q1 2013



June 7, 2013

HEDGE FUNDS GAIN IN MAY AS BONDS, CURRENCIES FALL

HFRI Equity Hedge, Event Driven lead 7th consecutive monthly gain for Composite Index; Effective rate hedging drives 12th consecutive monthly gain for Relative Value Arbitrage

CHICAGO (June 7, 2013) - Hedge funds posted their 7th consecutive monthly gain in May and the 11th gain in the last twelve months as strong performance in Equity Hedge and Event Driven strategies offset weakness in Macro and CTA strategies, according to data released today by HFR, the established global leader in the indexation, research and analysis of the global hedge fund industry.

The broad-based HFRI Fund Weighted Composite Index advanced +0.5 percent for the month, led by a gain of +1.8 percent for the HFRI Equity Hedge Index. Equity Hedge, the largest strategy area for the equally-weighted HFRI Composite, saw gains distributed across most sub-strategies, with Fundamental Value, Sector Technology and Fundamental Growth advancing +2.5 percent, +2.4 percent, and +1.1 percent, respectfully. Meanwhile, Short Bias funds detracted from overall Equity Hedge performance, declining by -3.2 percent.

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