Multi-strategy hedge funds were again the capital raising winners in August bringing in a net +$2.75 billion, and taking year to date inflows to +$18.37 billion, according to a report by AlphaWeek.
Multi-strategy hedge funds were again the capital raising winners in August bringing in a net +$2.75 billion, and taking year to date inflows to +$18.37 billion, according to a report by AlphaWeek.
The report cites data provider Nasdaq eVestment’s latest monthly hedge fund asset flows report as also highlighting that the only other strategy to enjoy net positive inflows last month was convertible arbitrage with additions of +0.07 billion.
The heaviest outflows came in macro and equity long/short with -$3.68 billion and -$3.03 billion respectively, while the he’d fund sector overall saw investors withdraw $11.66 billion last month, taking year to date outflows to -$44.93 billion.
Managed futures funds, which have mostly been performing extremely well in 2022 and produced very strong relative returns through the first four months of the year before wobbling in the next three, saw net outflows of -$1.91 billion in August.
