The International Organization of Securities Commissions (IOSCO) has published the findings from its fourth hedge fund survey which is based on data as of 30 September 2016.
The findings include:
- global assets under management rose by 24% to US $3.2tn since the last survey two years previously;
- the Cayman Islands continue to be the domicile of choice, representing 53% of global total by net asset value;
- the most widely used strategy was equity long/short, followed by global macro and fixed income arbitrage;
- hedge funds have a considerable liquidity buffer suggesting that, under normal conditions, they are able to meet redemption request; and
- 3.8% of fund assets had constrained redemptions by using liquidity management tools such as gates, suspensions or side pockets.