Multi-strategy hedge fund assets surpass $400 billion

Investors flock back to strategy after years of trickling inflows

Assets under management (AUM) of multi-strategy hedge funds have reached a new peak of more than $403 billion in the third quarter of 2014, according to analysis of hedge funds in the eVestment research database.

The sector attracted more investor capital over the past two years from Q4 2012 to Q3 2014 than even relative value credit hedge funds, whose AUM has soared since the start of 2010, as shown in figure 2.

There are 671 multi-strategy funds in eVestment’s research database, making the strat