Investors added an estimated $75 billion to hedge funds in the first half of 2015, with $48.6 billion coming in the second quarter.
According to data released Thursday by eVestment, first-half flows were down compared to 2014 when investors added $97.4 billion. However, the first half of 2015 flows are close to the full-year 2014 flows as investors pulled about $9 billion from hedge funds in the second half of last year.
Multistrategy funds had the highest flows in the first half ($38.4 billion). The report noted that universe only had one month of outflows over the past two years.
The report also noted managed futures had six straight months of positive net flows totaling $14.2 billion, which "follows a string of 28 months of redemptions in all but one month."