Publications

Hedge funds see inflows of $4.5b in November, ending long string of outflows
Other - DECEMBER 20, 2019

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Hedge funds see inflows of $4.5b in November, ending long string of outflows

by Andrea Zander

The hedge fund business turned around eight consecutive months of aggregate outflows in November, with investors allocating +$4.45 billion to the industry, according to the November 2019 eVestment Hedge Fund Asset Flows Report. November’s asset inflows and performance gains brought overall hedge fund industry assets under management to $3.285 trillion.

November’s inflows will ease industry fears that hedge fund outflows would match or surpass the $112 billion that was pulled from the industry in 2016, but the November 2019 year to date (YTD) outflows of $81.53 billion are not inconsequential.

Among primary hedge fund strategies, directional credit funds were the top asset winners in November, pulling in an additional +$2.59 billion. These funds have been on an asset losing trend however, with YTD asset flows of –$6.99 billion, which is unlikely to be turned around by whatever December brings.

Other interesting points from the new report include:

&nb

Forgot your username or password?