Five new liquid alternative funds were launched in Q1 2019, including three equity hedge funds, one multi-strategy fund and one relative value fund, according to Wilshire Funds Management’s Q1 2019 Liquid Alternatives Industry Monitor.

Additionally, there were 12 fund liquidations.


The monitor also reveals that there was a USD2.0 billion increase in the AUM of the Liquid Alternatives Universe during Q1 2019, while all but one sub-strategy saw net outflows during Q1 2019. Relative Value saw net outflows of USD1.9 billion; Global Macro saw net outflows of USD2.6 billion; Equity Hedge saw net outflows of USD2.1 billion; and Multi-Strategy saw net outflows of USD0.3 billion. Event Driven experienced net inflows of USD0.4 billion during Q1.


This was the fourth consecutive quarter of net outflows for the Liquid Alternatives Universe