HFN Strategy Focus Report: Event Driven/Special Situations

HFN has published a new report on event driven and special situations hedge funds. The HFN active and inactive databases contain nearly 400 unique fund products with a primary investment strategy focused on the strategies.

The HFN Event Driven Index was -1.09% in June and +1.42% YTD 2011 and HFN estimates total hedge fund assets invested in event driven and special situations (ED/SS) strategies were $515.41 billion at the end of Q2 2011.

Despite an influx of assets in 2010 and early 2011, the recent trend is negative. In Q2, performance reduced AUM $6.3 billion and investors redeemed a net $4.2 billion. Net redemptions appear to have persisted into July. The full report breaks down ED/SS classifications to elucidate performance differentials.