SS&C Blog

BLOGS. October 28, 2024

Rapid Growth for Multi-Manager Platforms – Trends and Technology

The multi-manager platform has emerged as a dominant force in the hedge fund industry, significantly contributing to its recent growth. Between 2017 and 2023, assets under management (AuM) for multi-managers nearly tripled, with a 175% increase compared to a 13% rise for the rest of the hedge fund sector. This rapid expansion is largely due to the platforms’ ability to combine diversification with low volatility and strong risk-adjusted performance. Even though returns have slightly decreased since the peak of the pandemic, multi-manager strategies continue to outperform, as evidenced by a 6.5% gain in the PivotalPath Multi-Strategy Index for the first eight months of 2024. Our "Multi-Managers What's Next?" report, in partnership with Hedgeweek, explores the key themes and trends driving this success, providing valuable insights for industry practitioners.