Funds of hedge funds reverse asset slide

AUM increases $21.93 billion in Q1 2014

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Funds of hedge funds turn the corner Assets under management (AUM) for commingled fund of hedge funds (FoHF) vehicles increased $21.93 billion in Q1 2014, to a total of $932.45 billion. Performance gains represented $8.35 billion in asset growth and investor flows accounted for a net increase of $13.57 billion, the first quarter-on-quarter net positive figure since Q2 2011. FoHFs have had net negative investor flows for five of the past six years, the exception being 2010 with $2.97 billion i