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In the week ending December 13th 2024, a Preqin study revealed that going by numbers from the first three quarters of this year, new hedge fund launches will 'likely' end the year at their lowest in 24 years amid tough fundraising conditions.
According to a Preqin report, by the third quarter of 2024, hedge fund managers opened 123 new funds, the lowest number since at least 2000 when total launches reached 191. Hedge fund debuts peaked at 697 in 2017, according to Preqin data.
Hedge Funds showed that hedge funds demonstrated value in investor portfolios as diversifiers and risk mitigators while offering returns in 2024. Global equity and bond markets were relatively volatile in 2024 and within this context, hedge funds proved to be steady. Preqin's All Hedge Fund Index returned 10% in 2024 to Q3, or 14% at a compound annualized growth rate (CAGR) $25.5bn in hedge fund inflows in Q3 2024 resulted in $19.2bn in net subscriptions through the first nine months of the year. This single quarter, however, should for now be considered an outlier given net outflows have persisted for most of the last decade.
Meanwhile, commodity trading advisors rebounded sharply in November, with several posting huge gains for the month. In fact, at least one of thes...................... To view our full article Click here
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