Hedge funds saw modest gains in the first quarter, with the Hedge Fund Research’s HFRI Fund Weighted Composite Index gaining 2.56%. Hedge funds saw inflows of $13.7 billion during the quarter, while a rising market contributed $54 billion to the hedge fund industry’s $1.67 trillion in total capital.
The largest hedge funds benefited from the inflows, with firms in excess of $5 billion in assets pulling in $14.9 billion in new investment dollars. Hedge funds under that asset level experienced net outflows of $3.7 billion in the first quarter. Hedge funds in excess of $5 billion now account for 62% of all industry capital.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access