Hedge funds started 2023 strong with a net capital inflow of $6.7bn in the first quarter alone. This marks a reversal from the three consecutive quarters of outflows totaling $69.8bn, ending in Q4 2022. This inflow of capital, combined with improved performance, has helped to push industry AUM to $4.25tn.

In this factsheet, we present hedge fund asset flow data for Q1 2023, including breakdowns by strategy, region, past performance, and fund size.