Total assets under management ( AUM ) in hedge funds rose by $ 46.8bn to reach $ 3.02tn for the first quarter in Q4 2016 , according to Hedge Fund Research , helped by positive performance across a broad range of strategies . Macro experienced a narrow outflow of $497 million for 4Q, including a large sub-strategy rotation in which investors allocated over $6.0 billion of capital to quantitative, trend-following CTA strategies, while redeeming nearly the same amount ($6.0 billion) from fundamental, discretionary strategies. The industry posted an annual capital increase of $ 121bn , its highest since 2014 . It also saw its highest level of redemptions since 2009 with sales of $ 70.1bn , $ 100 of which came in the fourth quarter .
Total assets under management ( AUM ) in hedge funds rose by $ 46.8bn to reach $ 3.02tn for the first quarter in Q4 2016 , according to Hedge Fund Research , helped by positive performance across a broad range of strategies . The industry posted an annual capital increase of $ 121bn , its highest since 2014 . It also saw its highest level of redemptions since 2009 with sales of $ 70.1bn , $ 100 of which came in the fourth quarter .