Most Regions See On-Going Hedge Fund Redemptions in July, but Trading Profit Boosts AUM
Investors continued trimming their exposures to risk assets in July, albeit at a somewhat less frantic pace than we have observed over the prior four months. This manifested as slowing net redemptions from hedge funds in July to -$16.88 billion (-0.35% of industry assets). July’s outflows followed -$42.14 billion in June, -$27.53 billion in redemptions in May and -$22.40 billion in April.
A $124.13 billion trading profit during the month helped to prop up total hedge fund industry assets to more than $4.99 trillion as July ended.
Download the BarclayHedge Fund Flow Indicator report to learn more.