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In the week ending October 22nd 2021, the HFR Global Hedge Fund Industry Report revealed that total hedge fund industry capital increased narrowly in the third quarter as equity and interest rate volatility escalated, while managers and investors positioned for additional volatility through year-end. Spurred by $5.6 billion of net investor inflows, as well as marginal performance-based gains, total hedge fund capital rose narrowly to an estimated $3.97 trillion to end 3Q 2021, representing an increase of nearly $370 billion from the start of the year.
The HFM Global Index gained 0.4% in Q3, despite the S&P 500 posting its worst month since the start of the pandemic. The equity market falls in September and ongoing macroeconomic challenges saw equity and macro hedge funds finish the quarter in negative territory (-0.6% and -0.9%, respectively). Relative value/arbitrage funds led industry gains, up 1.8%, more than double the second-best performing top-level strategy (managed futures).
Meanwhile, investors pulled $7.99 billion from the global hedge fund industry in September, according to th...................... To view our full article Click here
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