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

February 26, 2020 | Hedge Funds, News
https://dailyalts.com/wp-content/uploads/2019/12/dices-over-newspaper-2656028_1920-preqin.jpg

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.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2021/11/bitcoin-g1bf54ae90_640.png
Digital Assets: MicroStrategy’s Saylor, El Salvador’s Bukele Both Buy The Bitcoin Dip
November 30, 2021     Digital Assets, Latest News, News

Path-breaking corporate bitcoin investor MicroStrategy (NASDAQ: MSTR) said in a filing Monday that it purchased approximately 7,002 bitcoins for about $414.4 million in cash, or $59,187 per coin, between October…

https://dailyalts.com/wp-content/uploads/2021/11/Wise-both-product-family-asset.png
FinTech: London-Listed, Global Fintech Wise To Expand Its North America Business
November 30, 2021     FinTech, News

Wise (LON: WISE), the global payments processor previously known as TransferWise, announced a 2022 expansion plan for its operations in North America given its solid growth in the half year…

https://dailyalts.com/wp-content/uploads/2021/11/School_of_the_Arts_Singapore.jpg
Alternative Investments/Real Estate: UOB Launches APAC-Focused, Green REIT ETF

Singapore’s United Overseas Bank ( UOB ) Asset Management has launched the UOB APAC Green REIT ETF (GRE SP), which has been listed on Singapore Exchange and provides ESG-tilted exposure…

https://dailyalts.com/wp-content/uploads/2021/11/FFbZ-a4XoAMdYXQ.jpg
Venture Capital: European VC Fund Partech Closes $750M Second Growth Fund
November 30, 2021     News, Venture Capital

Partech, which invests its venture capital in tech and digital companies at all stages in Europe, North America, Africa and Asia, announced today the close of its second fund at…