The Q1 2024 ANREV index included data contributions from 77 funds with a total gross asset value of US$147.9 billion.

Key highlights:

• ANREV’s All Funds Index posted a total return of -1.71% in Q1 2024, down from -0.89% posted in Q4 2023.

• Opportunity funds posted the only positive total returns of 0.52%, outperforming both core and value-added funds which reported -1.75% and -2.22% respectively.

• Both multi-sector and single-sector funds reported negative returns, posting -2.41% and -1.15% respectively

Further details of the sub-indices which cover different fund styles and various geographies can be found in the full report.

We would like to thank all the funds that contributed data, and look forward to your continued support in the next round of data collection. If you have any questions about the index or wish to take part in this industry-led initiative, please contact Daisy Huang or Eileen Chiu.