(HedgeCo.Net) The interest in multi-strategy and CTA funds continues to grow in the hedge fund industry. While the hedge fund industry in total recorded near record outflows in Q1, multi-strategy funds and CTAs were the only strategies to document net inflows. A recent article by Preqin indicates that the hedge fund industry recorded net outflows of just over $14bn during the first quarter.

The hedge fund industry saw net outflows of investor capital in Q1 2016, totaling $14.3bn. This continues from the $8.9bn overall net outflows that funds recorded in Q4 2015, and is in contrast to the $28.8bn that the industry gained in investor capital in the same period last year. Overall, the total assets under management held by hedge funds globally fell 0.48% in the quarter, to stand at $3.13tn at the start of Q2.

Equity strategies funds saw net outflows of $9.7bn in the quarter, while credit strategies funds saw the largest outflows of $11.9bn. The Preqin article further indicates that macro strategies have seen the largest outflows, losing $28.8bn in investor capital.