$24B net inflows 2026 expected
IndustryLong
$24B net inflows 2026 expected from group
Source: BNP
$25B net inflows 2025 actual
IndustryLong
$25B 2025 net inflows from allocators
Source: BNP
$90B+ converts maturing 2yrs
RVLong
$90B+ converts mature next 2 yrs refi opportunity
Source: Aberdeen
1997-2025 7.0% annualized
MacroLong
Macro 7.0% annualized 1997-2025 BarclayHedge
Source: UBS
2025 returned avg 10.53%
IndustryLong
Hedge funds avg 10.53% 2025 (641bps over cash)
Source: BNP
21% expect macro highest returns
MacroLong
21% allocators macro highest 2026
Source: BNP
344 fund launches Q1-3 2025
IndustryLong
344 fund launches first 9M 2025 most since COVID
Source: WithIntel
5Y annualized 7.96%
IndustryLong
5Y annualized 7.96% (466bps over cash)
Source: BNP
64% allocators add 2026
IndustryLong
64% allocators plan increase 2026
Source: BNP
9% China alloc 2025 → 14% 2026
Eq L/SLong
9% allocators in China 2025 14% 2026
Source: BNP
AQR Capital factor
SystematicLong
AQR Capital factor + style premia
Source: encyclopedia
ARB AltShares Merger Arb
Merger ArbMulti
AltShares Merger Arb ETF ARB
Source: encyclopedia
Activism Japan + Korea
Event DrivenLong
Cross-border activism Japan + Korea growing
Source: Man
Alt risk premia 5Y 9.13%
IndustryLong
Alt risk premia 5Y 9.13% (only 3% adding)
Source: BNP
Anchorage credit fund
CreditMulti
Anchorage Capital credit
Source: encyclopedia
Asia/China revival 2026
Eq L/SLong
Asia + China HF revival 2026
Source: BNP
Balyasny Atlas
Multi-StratLong
Balyasny Atlas multi-strat
Source: encyclopedia
Brevan Howard Macro
MacroLong
Brevan Howard Master Fund macro
Source: encyclopedia
Bridgewater Pure Alpha
MacroLong
Bridgewater Pure Alpha Dalio macro
Source: encyclopedia
CLO maturity wall 2028
CreditMulti
CLO maturity wall 2028 software/biz services
Source: Man
Capstone macro
RVLong
Capstone Investment Advisors options
Source: encyclopedia
Citadel Wellington
Multi-StratLong
Citadel Wellington multi-strat $90B+
Source: encyclopedia
Convert arb supportive
RVLong
Convertible arb supportive 2026 record issuance
Source: Man
Convex tail hedges
Tail RiskLong
Convex tail risk hedge strategies
Source: encyclopedia
Credit L/S positive 2026
CreditLong
Credit Long/Short positive 2026
Source: Man
Crucible Commodities Geneva
SystematicLong
Crucible Commodities Harbert Geneva
Source: WithIntel
DE Shaw composite
Multi-StratLong
DE Shaw multi-strat quant
Source: encyclopedia
Defensive portfolios + tail hedge
CreditLong
Defensive portfolios + cash + tail hedge
Source: Man
Dispersion drives stock pick
Eq L/SLong
Equity dispersion drives stock-picking opp
Source: Morgan
Distressed credit negative
CreditShort
Distressed Credit only negative outlook
Source: Man
EU-US cross-border risk
Merger ArbShort
EU-US cross-border M&A political risk
Source: Man
Eisler Capital
Multi-StratLong
Eisler Capital multi-strat (Goldman alum)
Source: encyclopedia
Elliott Management
Event DrivenLong
Elliott Management Singer multi-strat
Source: encyclopedia
Engine No 1 ESG activism
Event DrivenLong
Engine No 1 ESG activism
Source: encyclopedia
Equity Long/Short upgraded
Eq L/SLong
Equity Long/Short upgraded positive Q1 2026
Source: Man
Eurekahedge
IndicesMulti
Eurekahedge HF index
Source: encyclopedia
Europe alpha+ vs US
Eq L/SLong
European EqLS alpha generation > US peers
Source: WithIntel
Event-driven opp set
Event DrivenLong
Event-driven richer opp set 2026
Source: Morgan
Float $516M Riverview III
IndustryMulti
Morgan Stanley Riverview $516M raise
Source: Morgan
Gamma trading profits
RVLong
Gamma trading profits opportunity
Source: Man
Global Macro maintained positive
MacroLong
Global Macro positive both quarters
Source: Man
GoldenTree Asset Management
CreditMulti
GoldenTree credit
Source: encyclopedia
HFRI Composite
IndicesMulti
HFRI Composite hedge fund index
Source: encyclopedia
Harvestone Capital Paris
SystematicLong
Harvestone Paris Sucden veterans Millennium
Source: WithIntel
High return dispersion 2026
Eq L/SLong
High return dispersion key 2026 driver
Source: UBS
Hudson River Trading
RVMulti
Hudson River Trading prop firm
Source: WithIntel
Industry AUM $5T target end-2027
IndustryLong
HF AUM $5T target accelerated to end 2027
Source: WithIntel
Jane Street prop trader
RVMulti
Jane Street prop trading firm
Source: WithIntel
Korean Value-Up reforms
Event DrivenLong
Korean Value-Up + treasury cancellation
Source: Man
LTCM 1998 cautionary tale
Tail RiskShort
LTCM 1998 cautionary tale
Source: encyclopedia
Liquid alts vs PE/PC
StrategyLong
HF interest > PE/PC interest 2026
Source: Barclays
Long-bias EqLS positive
Eq L/SLong
Long-bias Equity L/S upgraded Q1 then neutral Q2
Source: Man
MNA ETF Merger Arb
Merger ArbMulti
IQ Merger Arbitrage ETF MNA
Source: encyclopedia
Macro 2025 standout
MacroLong
Discretionary macro standout 2025 perf
Source: Morgan
Man AHL Diversified
SystematicLong
Man AHL Diversified CTA
Source: encyclopedia
Manager dispersion 2025
StrategyMulti
Material manager dispersion 2025
Source: Barclays
Manager selection critical
StrategyLong
Manager selection critical due dispersion
Source: Barclays
Market neutral favored
Eq L/SLong
Market neutral EqLS positive both quarters
Source: Man
Max DD 8.1% lowest HF strat
MacroLong
Macro max DD 8.1% lowest HF vs MSCI 54%
Source: UBS
Merger arb upgraded Q1 2026
Merger ArbLong
Merger Arb upgraded positive Q1
Source: Man
Millennium MLP
Multi-StratLong
Millennium Management MLP $80B+
Source: encyclopedia
Multi-strat in favor 2026
Multi-StratLong
Multi-strat one of top favored 2026
Source: Barclays
Net interest highest since 2018
IndustryLong
Net interest hedge funds highest since 2018
Source: Barclays
Net interest highest since 2018
StrategyLong
Net interest highest since 2018
Source: Barclays
Nexus Commodities Singapore $1B
SystematicLong
Nexus Commodities Singapore $1B Millennium SMA
Source: WithIntel
Norges $2T enters HF
Eq L/SLong
Norges $2T entered HF EqLS
Source: WithIntel
PM hiring talent war
Multi-StratMulti
PM hiring talent war ongoing
Source: WithIntel
Pass-through fees ~7%/yr
Multi-StratMulti
Pass-through fees multi-strat ~7%/yr expense
Source: encyclopedia
Pershing Square Ackman
Event DrivenLong
Pershing Square Ackman concentrated value
Source: encyclopedia
Point72
Multi-StratLong
Point72 Cohen multi-strat
Source: encyclopedia
Q2 2026 downgraded neutral
Merger ArbMulti
Merger Arb Q2 downgraded to neutral
Source: Man
Quant equity 5Y 11.31% return
IndustryLong
Quant equity 5Y 11.31% annualized
Source: BNP
Quant multi-strat 5Y 12.76%
IndustryLong
Quant multi-strat 5Y 12.76% in line MSCI World
Source: BNP
Renaissance Medallion
SystematicLong
Renaissance Medallion (closed)
Source: encyclopedia
SMA capital +61% to $42B
IndustryLong
SMA allocations +61% to $42B 2025
Source: BNP
Schonfeld
Multi-StratLong
Schonfeld Strategic Advisors multi-strat
Source: encyclopedia
Single CIO macro shortage
MacroMulti
Single CIO vintage-style macro shortage
Source: BNP
Single-stock vol elevated
RVLong
Single-stock realised vol elevated
Source: Man
SocGen CTA Index
SystematicMulti
SocGen CTA Index benchmark
Source: encyclopedia
Soros Quantum
MacroMulti
Soros Quantum Fund (closed to outside)
Source: encyclopedia
Special situations neutral
Event DrivenMulti
Special Situations stance neutral
Source: Man
Spin-offs uptick 2026
Merger ArbLong
Spin-offs uptick forecast 2026
Source: Man
Spreads near 5Y tights
CreditShort
Credit spreads tight near 5Y tights
Source: Man
Starboard Value
Event DrivenLong
Starboard Value Smith activism
Source: encyclopedia
Stat arb evolving HFTfirms
RVLong
Stat arb HFT firms encroaching
Source: WithIntel
Strategic premium deals
Merger ArbLong
Most M&A strategic premium deals
Source: Man
Structured credit downgraded neg
CreditShort
Structured Credit Q2 2026 downgraded negative
Source: Man
Texas Teachers/FL SBA mandates
Eq L/SLong
Texas TRS + FL SBA HF mandates
Source: WithIntel
Tight spreads
Merger ArbMulti
Merger arb spreads tight
Source: Man
Top quartile material alpha
StrategyLong
Top 2 quartiles delivered alpha 2025
Source: Barclays
Trend-following CTA recovery
SystematicLong
CTA recovery 2026 expected
Source: Aberdeen
Trian Fund Peltz
Event DrivenLong
Trian Fund Peltz activism
Source: encyclopedia
Two Sigma Compass
Multi-StratLong
Two Sigma Compass quant multi-strat
Source: encyclopedia
Universa Investments Spitznagel
Tail RiskLong
Universa Spitznagel tail risk Black Swan
Source: encyclopedia
Verition Multi-Strategy
Multi-StratLong
Verition multi-strat
Source: encyclopedia
Vol 5.5% half of equities
MacroLong
Macro 5.5% vol vs equities
Source: UBS
Walleye Capital
Multi-StratLong
Walleye Capital multi-strat
Source: encyclopedia
Winton Group
SystematicLong
Winton Group CTA quant
Source: encyclopedia
~25% investors use SMAs
IndustryLong
~25% investors now use SMAs
Source: Barclays
~50% HF managers offer SMAs
IndustryLong
~50% HF managers now offer SMAs
Source: Barclays
An encyclopedia of publicly documented strategies for education. YCAI does not recommend, endorse, or trade any of these. Not investment advice.