Hedge funds continued their strong performance in August, returning 2.3% and bringing year-to-date gains to 14.1%, according to the latest monthly Hedge Fund Update report Citco, the e world’s largest hedge fund administrator, managing over $1tn in AUA.
Global macro strategies led the way with a 3.1% return, followed by equities at 2.8%, while multi-strategy funds delivered steady growth of 2.1%. Overall, 81% of funds posted positive returns, with mid-sized managers managing $1bn–$3bn in assets outperforming peers at 2.6%.
Investors remained attracted to multi-strategy vehicles, adding $2.9bn in net inflows during August, contributing to $31.9bn year-to-date. Total net inflows across all hedge funds reached $4bn in August, bringing YTD inflows to $38.7bn.
Regionally, the Americas led capital inflows with $3.1bn, followed by Europe at $1.9bn, while Asia saw $1bn in outflows.
