Fixed-income-focused strategies have seen consistent outflows since September. Event-driven, distressed debt and arbitrage strategies also had net outflows. Performance was positive among event-driven and fixed-income strategies.
Data compiled by Eurekahedge show hedge fund assets grew by $8.8 billion during the first half of 2016.
Among other trends, asset flows into long/short equity strategies reversed course in May and June after inflows were up $27.4 billion through 2016 prior. Relative value strategies have seen steady interest throughout the year.