Investors pour almost $100 billion into hedge funds in H1

Hedge funds took in more money in H1 2014—$99.7 billion—than in all of 2013, according to new data from eVestment.

In fact, investors poured more money ($65.3 billion) into equity strategies in H1 2014 than they put into all hedge funds in 2013 ($61.7 billion). Equity strategies now manage an estimated $997 billion.

Hedge fund assets under management reached $3.032 trillion in June, as investors added $6.1 billion for the month—below the previous four-month average of $22 billion.

Event-driven strategies led the pack in Q2, taking in $15.5 billion in new assets ($35.2 billion year to date), followed by long/short equity strategies with $10.8 billion ($36.1 billion YTD). Relative-value credit strategies attracted $7.46 billion in Q2 ($11.2 billion YTD).

Funds focused on the Americas pulled in $13.7 billion in the second quarter; followed by those focused on Europe, which attracted $9.0 billion. Emerging markets funds brought in $4.0 billion in Q2 while Asian funds saw outflows of $1.9 billion.

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FINalternatives is the premier, independent source for news on the alternative investment industry. The seasoned reporters at FINalternatives bring readers the latest news and information from the hedge fund, private equity and CTA communities—bringing clarity to this opaque corner of the investment universe.

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