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(4 min read) Amid Very Light Volume of Asset Movement, Flows Net Negative in July. The hedge fund industry continued to see assets trickle out in July 2023. Both aggregate flows and volume of asset movement were very light during the month, which is typical of this month’s data. Still, the fact remains that July was the 14th consecutive month of net outflows for the hedge fund industry.

(4 min read) June marked the 13th consecutive monthly net outflow for the hedge fund industry. Compared to prior Junes’ data, however, the redemptions in June 2023 were relatively light and what inflows the industry did see during the month were less concentrated, which is a generally positive theme.

(3 min read) eVestment typically sees about 500 strategies added in a quarter, and Q2 2023 was just above the average with 626 strategies added from 315 firms. Of the 626 strategies, 87 (14%) were characterized by the underlying manager(s) as being a dedicated ESG strategy, while 173 (28%) indicated that they integrate ESG factors into their respective investment process.

(3 min read) May marked the 12th consecutive monthly net outflow for the hedge fund industry. It was also the largest net outflow for the month of May we’ve seen since at least 2009. Investors removed an estimated net $9.96 billion from hedge funds in May. Performance accounted for an additional decrease in assets. The result of both factors was a $18.8 billion decrease in assets to an estimated $3.401 trillion.

(5 min read) Redemptions Continued for Hedge Funds to Begin Q2 2023. April was another month of net outflows for the hedge fund industry, though as is frequently the case there are both negative and positive themes which make up the overall picture.