Preqin: Hedge Fund AUM Hits All-Time High in 2019

February 26, 2020 | Hedge Funds, News

Hedge fund assets under management (AUM) reached an all-time high for the industry by the end of 2019.

A new report by Preqin shows that assets reached $3.66 trillion thanks to strong performance offsetting redemptions.

During the fourth quarter, Preqin says that outflows totaled $15.4 million. It was the seventh-straight quarter of outflows.

For the year, total outflows reached $97.2 billion.

Hedge Fund AUM in 2019 – A Breakdown

Equity strategies were able to attract capital over the quarter. Net inflows totaled $4.0 billion for the fourth quarter. The interesting point is that just 39% of equity strategies did record inflows. Equity strategies kicked off the first quarter with AUM of $955 million, a 12% jump year-over-year. Preqin said that it expects that Equity Strategies will become the second subgroup to top $1 trillion in AUM.

The only other strategies to record inflows for the quarter were relative value and niche strategies at $1.3billion and $0.6 billion, respectively.

Credit strategies had a tough quarter with outflows of $7.0 billion.

On the regional front, North American funds saw the largest withdraws during the quarter at $29.7 billion. This brought total North American outflows in 2019 to $64.6 billion.

Every other region experienced inflows. Asia-Pacific was the top source of inflow at $6.7 billion.

Related: September Hedge Fund Redemptions Continue into Fourth Straight Month

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
Artificial Intelligence: AMD Takes On Rivals In The AI Chip Sweepstakes
December 7, 2023     Artificial Intelligence, News

Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while…
Digital Assets: Robinhood Debuts Crypto Trading On Its App In The EU
December 7, 2023     Digital Assets, FinTech, News

Robinhood (NASDAQ: HOOD) has launched its Crypto app in the European Union (EU), allowing eligible customers to engage in crypto trading with the added incentive of earning Bitcoin rewards. Customers…
FinTech: Samsung Electronics Ties With Mastercard’s Wallet Express
December 7, 2023     FinTech, News

Samsung Electronics (KRX: 005930) and Mastercard (NYSE: MA) have partnered to launch the Wallet Express program, offering banks and card issuers a cost-effective way to expand digital wallet offerings. Through…
Venture Capital: Revaia, Europe’s Biggest Female-Led VC Firm, Racks Up $160M For Second Fund
December 7, 2023     ESG and Sustainability, News, Venture Capital

Revaia, Europe’s largest female-founded venture capital firm, has successfully raised €150 million ($160 million) for its second fund, Revaia Growth II. The funding was secured from sovereign wealth funds, family…