Alternative Fund Insight Ep 40 - Technology trends and May review with Declan Quilligan, Citco's Head of Hedge Fund Services
Jun 30, 2025
Declan Quilligan, the Head of Hedge Fund Services at Citco, shares insights on the hedge fund industry's booming trends. He discusses May's impressive $6 billion net inflow and the rise of multi-strategy funds, with 80% of hedge funds posting gains. Quilligan dives into the pressing need for technological investment, particularly in treasury services. He highlights AI's role in revolutionizing hedge fund operations, boosting efficiency, and the essential transition to AI-driven solutions. The pace of change in the sector is only accelerating.
AI Snips
Chapters
Transcript
Episode notes
Record Hedge Fund Inflows in May
- Hedge funds saw a net inflow of about $6 billion in May, the best since May 2021.
- Year to date, total net inflows stand around $19.5 billion, signaling strong industry growth.
Multi-Strategy Tops Allocations
- Multi-strategy funds attracted over $7 billion in net inflows in May, remaining the top asset class.
- Equity and hybrid strategies also saw solid interest amid changing interest rates and promising European market performance.
Scale Dominates Allocator Preferences
- Larger hedge funds above $5 billion continue attracting significant inflows, reflecting a preference for scale.
- Smaller funds face more challenges raising capital but still have growth opportunities through differentiation and strong track records.