AIMA Hedge Fund Confidence Index 2024

AIMA Hedge Fund Confidence Index (HFCI)

The AIMA Hedge Fund Confidence Index (HFCI) is a global index which measures the level of confidence that hedge funds have in the economic prospects of their business over the next 12 months. A product of AIMA, Simmons & Simmons and Seward & Kissel, the HFCI is calculated at a specified point in time with the index published at the start of each quarter.

Q3 2024

The Q3 2024 edition of the HFCI surveyed 133 hedge fund firms worldwide, collectively managing just over $800 billion in assets under management (AUM). The results show an average confidence index of +20, up from +16.5 and above the rolling average of +17.8. Overall, just over 91% of respondents in Q3 2024 reported a positive confidence score, effectively in line with Q2 2024, but down from the 97% that reported a positive score in Q3 2023.

Q2 2024

The Q2 2024 edition of the HFCI surveyed approximately 250 hedge fund firms worldwide, collectively managing approximately $2 trillion in assets. The results show an average confidence level of +16.5, down slightly from Q1 (+19) and below the rolling historic average of +17.7.

Q1 2024

The Q1 2024 edition of the Hedge Fund Confidence Index (HFCI) surveyed approximately 180 hedge fund firms worldwide, collectively managing approximately US$900 billion in assets. The results show an average confidence level of +19, an increase of three points from the previous quarter.

Survey respondents reported a higher confidence levels than in the last quarter of the previous year, which continues an emerging trend over 14 quarters whereby Q1 confidence levels after Q4 lows. As a measure of the entire population surveyed, over 85% of those polled in the first quarter had a positive confidence score.

The AIMA's Hedge Fund Confidence Index is is available to members and non-members of AIMA. For more information about the report, please contact AIMA’s Global Head of Research and Communications, Tom Kehoe ([email protected])