Hedge Fund Asset Flows Report – February 2019

About the Report

Over 2,000 hedge fund firms submit data about their products to eVestment every month, including performance, assets, strategy details, primary investment markets and regional focuses. The calculated asset flows for these products provide the basis for estimating the distribution and flow of assets through the broad hedge fund industry.

As you are looking to supplement your own research with external sources, the kind of data provided in this report can help you to form an opinion about an asset class or follow the continuing, or emerging trend as you are developing the allocation decisions for your portfolio.

Hedge Funds See Lowest February Net Flows Since 2009,
Despite Positive Month

Investors may have added $1.69 billion to hedge funds in February but face a rough road in 2019 with net inflows still in the negative YTD for 2019, according to the eVestment February 2019 Hedge Fund Asset Flows Report. February is traditionally a bellwether month for hedge fund industry performance for the rest of the year, and February 2019 was worst February for net flows in a decade.

Report Highlights:

  • Following low performance in 2018, investors are fleeing from macro and managed futures strategies, with two thirds of reporting managers seeing redemptions pressures in 2019.
  • Long/short equity continues to see redemptions in 2019, although to a lesser degree than in January. However, fewer than half of reporting managers experienced outflows in February, showing demand is still there.
  • Emerging markets saw a second month of inflows in 2019, although a large concentration of inflows was in fixed/income /credit opportunities. Overall the capital raising environment for EM funds remains difficult.

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