Ten new liquid alternative funds were launched in Q2 2017, including five equity hedge funds and five multi-strategy funds, according to Wilshire Funds Management’s Q2 2017 Liquid Alternatives Industry Monitor.
There were 21 liquidations during the period, which also saw a USD3.1 billion increase in the AUM of the total Liquid Alternatives Universe on the back of approximately USD3.2 billion in net inflows.
Multi-strategy funds experienced net inflows of USD1.06 billion, following five straight quarters of outflows, while capital continued to leave the Global Macro space for a third consecutive quarter, with USD0.69 billion in net outflows.