Wilshire Funds Management’s latest quarterly monitor of the liquid alternative industry shows that investor allocations during the second quarter were generally positive across the industry, with approximately $3.2 billion in net inflows.
At the end of June, 511 liquid alt funds had $310 billion in assets under management.
Relative value funds experienced the most significant allocations, according to the report, with net inflows of $2.1 billion, as investors continued to minimize duration exposure in light of anticipated Federal Reserve rate hikes.
BlackRock Strategic Income Opps Fund, John Hancock Strategic Income Opps and Guggenheim Macro Opportunities Fund, among the biggest relative value funds, reported the largest net inflows during the second quarter — $1.1 billion, $900 million and $700 million.
Multi-strategy funds experienced $1.1 billion in net inflows during the period.