Q4 2019 Hedge Fund Asset Flows
Hedge funds recorded $15.4bn in net outflows in the final quarter of 2019, extending their run of outflows to seven consecutive quarters – stretching all the way back to Q2 2018. Although hedge funds lost a total of $97.2bn over the year, performance gains helped to offset this and industry assets under management reached an all-time high at the end of 2019. With total assets of $3.66tn, the industry has grown by 5.9% since the end of 2018.
Equity strategies enjoyed their first quarter since Q3 2018 with a positive net flow, despite only 39% of funds receiving capital inflows over Q4 2019. Buoyed by significant performance gains throughout the year, equity strategies are now poised to become only the second top-level strategy to exceed $1tn in total assets.
In this factsheet, we present hedge fund asset flow data for Q4 2019, including breakdowns by strategy, region, past performance, and fund size.