Hedge funds reversed course in June from the pandemic-driven redemption trend of prior months, posting $15.1 billion in inflows. It was a significant turnaround from $8.0 billion in outflows in May, $38.1 billion in April and $85.6 billion in redemptions in March.
July’s inflows represented 0.5 percent of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions.
The hedge fund industry turned in another profitable trading month as well, earning a $34.7 billion trading profit and bringing total industry assets to more than $3.11 trillion as the month ended.
Data from 7,000 funds (excluding CTAs) in the BarclayHedge database showed balanced (stocks and bonds) funds leading the way in bringing in new assets in June, with $13.8 billion in inflows.
“As the spring months progressed, there was a growing sense of investor o
