Hedge Fund AUM Hits $2.6T In August

Oct 1 2012 | 8:37am ET

Hedge funds added $34.6 billion to their assets under management in August, a 1.4% increase that brought total AUM to $2.6 trillion, according to eVestment|HFN.

Performance accounted for $13.1 billion of that increase but the bulk came from investor inflows, which totaled $21.5 billion. The August net inflows brought year-to-date gains in AUM to $31.0 billion. The industry had witnessed outflows in four of the five preceding months.

Credit strategies hit record high AUM of $756.7 billion in August, as investors added an estimated net $14.6 billion and performance kicked in an additional $9.5 billion.

Equity funds, which had seen outflows in 12 of the past 13 months, added an estimated $5.8 billion in August while performance added an additional $7.7 billion, bringing total AUM to $787 billion.

Macro and managed futures funds reported slight net inflows in August with $940 million more being added than redeemed whileemerging market hedge funds were slightly negative in August, for a third consecutive month.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...