Hedge fund performance up amid redemptions

All four major hedge fund subclasses as well as the overall industry had net outflows in 2016 despite positive performance in each category. Event-driven strategies saw the largest disparity between client redemptions and positive performance. The subclass returned 10.5% during the year, of about $70.6 billion in added value, while seeing $38.3 billion walk out the door.

The first quarter was the only period of negative performance as a whole despite global macro funds growing by $5.5 billion. The latter half of the year saw more activity on both fronts, with $46.9 billion in net redemptions and $167.1 billion in added value.

Related Articles
Hedge funds outperform on risk-adjusted basis in 2016, longer periods — study
Paying the price in a net-long portfolio
How the P&I 1,000 data were compiled
Recommended for You
Graphic: The specter of stagflation
Graphic: The specter of stagflation
Retirement saving views diverge based on employment status – survey
Retirement saving views diverge based on employment status – survey
U.S. IPO volume falls precipitously
U.S. IPO volume falls precipitously

Reader Poll

June 6, 2022
SEE MORE POLLS >