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Alternative Market Briefing

Opalesque Roundup: Global hedge fund industry hits a new record AUM: hedge fund news, week 25

Monday, June 28, 2021

In the week ending June 25th 2021, eVestment's May 2021 Hedge Fund Asset Flows report said that nearly half-way through 2021, the global hedge fund business continues to see strong performance and asset flows, with performance gains and new money boosting the industry to a new record $3.57 trillion AUM. May's hedge fund performance average of +1.48% brought year-to-date (YTD) hedge fund average performance to +9.05%, just two digits shy of the +11.05% industry average for all of 2020. Barring any major unforeseen market, natural or geo-political disasters - or pandemics - the hedge fund business this year is poised to outperform 2020 by a wide margin.

Net inflows of $23.3 billion in April 2021 signaled a continued vote of investor confidence in the hedge fund industry. This result represented an increase in industry AUM of .6% on the month and built momentum on the previous month's $19.1 billion increase in hedge fund assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions. Industry trading profits exceeded $55.5 billion in April and carried the industry's aggregate AUM figure past the $4.18 trillion mark.

Meanwhile, HFM reports that assets managed by Am......................

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