Hedge Funds AUM Decreased 2.50% In August 2015 by eVestment Renewed allocations to equity exposure and redemptions from managed futures highlight allocation shifts. Total hedge fund assets decreased 2.50% in August 2015, bringing the industry’s total assets under management to $3.053 trillion. Investors added an estimated $10.5 billion into the industry in August, while performance decreased AUM by an estimated $78.4 billion. With August’s $10.5 billion inflow, investors have added an estimated $74.7 billion into Hedge Funds in 2015. This compares to $113.9 billion through August of 2014, however investors redeemed nearly $26 billion in the final four months last year. There have been multiple reversals of apparent investor preferences throughout 2015, however the one consistent theme has been investors’ interest in multi-strategy products. August’s inflows of $6.6 billion brought YTD inflows to $48.6 billion which surpasses full year 2015 allocations to the strategy. Large multi-strategy products have been dominating the asset raising environment. The average size of the 20 largest asset gaining multi-strategy products in 2015 is nearly $7 billion. These top 20 asset gainers have $140 billion in AUM and have raised $14 billion in new asset in 2015. Investors have an appetite for equity hedge funds Investors’ preferences for strategies operating in equity markets has varied in the last nine months with... More