New York (HedgeCo.net) – The latest report from Preqin shows that the assets under management for the hedge fund industry now exceed $3.2 trillion. Despite some concerns about hedge fund returns in recent years, the asset growth has come from inflows as well as growth from returns.
According to the report, net inflows for the first half of 2015 were $76 billion with $48 billion coming in the second quarter. Not all strategies shared in the growth as Commodity Trading Advisors saw a net outflow of $5 billion during the second quarter. With commodity prices slumping, commodity focused funds have struggled to keep investors.
Other notable statistics from the report showed that multi-strategy funds on average experienced the greatest net inflows as 49% of funds saw inflows. When broken down in to regions, North American, European and Asia-Pacific funds saw 41-44% of funds experience inflows and 38-39% saw outflows.
The next quarterly report will be an interesting one given the increase in volatility in the global market so far in the third quarter. With world indices getting hit hard so far in August, the hedge fund industry as a whole seems to be faring much better than the overall market.
Rick Pendergraft
Research Analyst
HedgeCoVest