Despite Weak Returns, Hedge Fund Strong Inflows Continue

Hedge funds had their second straight month of losses in April, though industry-wide assets under management continued to grow due to strong inflows. The Eurekahedge Hedge Fund Index lost 0.13%, but is still up 0.78% for the year, just ahead of the MSCI World’s 0.75% YTD growth. Net assets inflows of $13.2 billion overshadowed $2.7 billion in performance-based losses, pushing AUM to $2.09 trillion, according to a Eurekahedge Report released today. Hedge funds continue to outperform in North America, Europe stumbles Hedge funds with a North American mandate outperformed other regions by a fair margin, gaining $1.4 billion, and tied…