Hedge fund industry assets increased 2.5% to $3.2 trillion for the six months ended June 30, new research from Preqin showed in a report released Wednesday.
Total net inflows into hedge funds totaled $76 billion in the six-month period, with $29 billion in the first quarter and $47 billion in the second quarter, Preqin reported.
“The growth of the hedge fund sector highlights the continued need for these products by institutional investors, despite any short-term concerns around performance and fess,” wrote Amy Bensted, Preqin’s head of hedge fund products, in a research note.
“In light of recent equity market turbulence, the ability of hedge funds to provide consistent and non-correlated returns may prove even more valuable to investors in the second half of the year, and we could see continued inflows over the rest of 2015,” Ms. Bensted added.
