Close desktop login portal

Client Login

Select one of the portals below and login with your credentials

Advisory

Richey May Advisory provides the full spectrum of transformative solutions for your business. From Technology and Risk Management to Specialty Audit Services and more, Richey May Advisory has the solutions you need to find and focus on your competitive advantage.

Learn More

Richey May Advisory

Richey May Advisory provides the full spectrum of transformative solutions for your business. From Technology and Risk Management to Specialty Audit Services and more, Richey May Advisory has the solutions you need to find and focus on your competitive advantage.

Learn More

Contact Us

Richey May Headquarters
9780 S Meridian Blvd., Suite 500
Englewood, CO 80112
Directions
303-721-6232

Question or comments?  Click here to fill out our inquiry form.

Richey May Advisory

Richey May Advisory provides the full spectrum of transformative solutions for your business. From Technology and Risk Management to Specialty Audit Services and more, Richey May Advisory has the solutions you need to find and focus on your competitive advantage.

Learn More

Richey May Advisory

Richey May Advisory provides the full spectrum of transformative solutions for your business. From Technology and Risk Management to Specialty Audit Services and more, Richey May Advisory has the solutions you need to find and focus on your competitive advantage.

Learn More

Contact Us

Richey May Headquarters
9780 S Meridian Blvd., Suite 500
Englewood, CO 80112
Directions
303-721-6232

Question or comments?  Click here to fill out our inquiry form.

Mobile menu toggle
Back to menuBack to menu
Richey May Headquarters
9780 S Meridian Blvd., Suite 500
Englewood, CO 80112
Directions
303-721-6232
Alternative Investment

Hedge funds on track to outperform 2020 as continued capital inflows boost industry coffers

Articles by: Richey May, Jul 22, 2021

Strong strategy gains have been renewing investor faith in the sector, with allocator’s flows swelling an extra $12.01 billion into hedge funds during May. Those inflows have brought year-to-date new capital to $39.12 billion, this increase has totaled industry assets under management to $3.57 trillion as of the end of May. This article in Hedgeweek covers the total hedge funds gains and the factors contributing to the boost of industry coffers to almost $3.6 trillion in the run-up to 2021’s midway point.

Recent research published by eVestment shows hedge funds overall gained 1.48% on average during May. This has helped drive 2021’s year-to-date returns to 9.05%. Research shows the second half of the year is in great condition with hedge funds’ full-year returns for 2020 finishing at some 11.05%.

From the two-thirds of hedge funds reporting to eVestment May of 2021, their numbers on record have been the highest percentage seeing net inflows since May 2016.

Multi-strategy hedge funds have attracted the strongest interest in 2021, with investors pledging $4.49 billion in May, bringing net inflows total this year to more than $20 billion. Macro funds have brought in $3.48 billion last month, bringing year-to-date inflows to $5.62 billion. Macro managers were May’s best performers on a monthly basis showing January-to-May of 2021 returns at 5%. 

On the other side investors drew $1.19 billion out of long/short equity strategies during May, Peter Laurelli, eVestment’s global head of research describes as the “one major outlier”. The $9.40 billion pulled out from long/short equity hedge funds is staying concentrated among underperformers, the long/short equity hedge fund universe is still remaining positive. 

For more information about the wide-margin performance can mean for hedge funds towards the second half of 2021, read the article linked above and contact Steve Vlasak.