Scotiabank Canadian Hedge Fund Index (asset-weighted) up 2 in June 6.6 YTD opalesque.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from opalesque.com Daily Mail and Mail on Sunday newspapers.
Wealthy hedge funds, money managers received Canada Emergency Wage Subsidy theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
In the week ending April 30th 2021, eVestment Hedge Fund Asset Flows Report revealed that hedge funds strong performance so far this year, which has sparked renewed interest in the business, has helped lifting total hedge fund business AUM to $3.417 trillion at the end of Q1. While investors pulled -$9.36 billion from hedge funds in March, quarterly flows for the business remained positive at +$17.68 billion.
Meanwhile, hedge fund managers ended month of March up 1.04% on an equal-weighted basis, and down 0.63% on an asset-weighted basis, said Eurekahedge. Global equity markets were supported by the implementation of the Biden administration s US$1.9 trillion economic stimulus package and the continued speedy rollout of vaccines.
Opalesque Industry Update - The Scotiabank Canadian Hedge Fund Index ended March 2021 down
0.10% MOM on an asset-weighted basis and up
0.21% MOM on an equal-weighted basis.
The Scotiabank Canadian Hedge Fund Index provides a comprehensive overview of the Canadian Hedge Fund universe.
Returns are calculated using an equal weighting and an asset-based weighting of the funds. The index includes open and
closed funds with a minimum AUM of C$15 million and a 12-month track record, that are managed by Canadian domiciled
managers.
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