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Hedge funds reach record $3.253 trillion AuM

Dollar_hedge_mazeAssets under management (AuM) of the global hedge fund industry soared to a new record of $3.253 trillion (€2.74 trillion) in October, according to figures from research firm eVestment.

According to the firm’s October 2017 Hedge Fund Asset Flows Report, net flows for the industry year-to-date in 2017 are positive, with AuM up $33.26 billion in the ten months to October.

The report also found that:

  • Fixed-income/credit funds saw AuM rise $2.59 billion in October and $10.99 billion year-to-date, bringing AuM for these funds to $984.1 billion.
  • Equity funds were down nearly $3 billion in AuM in October, but are still up $15.16 billion in year-to-date AuM.
  • Macro funds were among the big losers in October, with AuM down $3.96 billion for the month, but year-to-date AuM has risen $12.58 billion.
  • Emerging markets-focused funds saw AuM up $4.23 billion in October. For the year-to-date emerging markets-focused fund AuM is up $7.38 billion, with the biggest gainers in new assets for the year being among products focused on credit opportunities.

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