Nasdaq eVestment ™ Hedge Fund Asset Flows Report (March 2024 / Q1 2024) is now available and attached for your review. A few key takeaways of note from the data*:
- For 22 months in a row, hedge funds saw more money leaving than coming in, but this doesn't mean the industry is facing a withdrawal crisis, the issue is that investors don't seem eager to increase their allocations.
- Q1 had some decent performance with some of the biggest funds in long/short equity and managed futures generating strong Q1 returns.
- Managed futures was the only segment with significant net inflows in March.
- Multi-strategy managers and investors are probably content despite some withdrawals. AUM is at a record high and performance among the largest firms has been fairly good over the past five years.
