Friday, 3 July 2015
Last updated 7 hours ago
Jan 20 2010 | 1:02pm ET
Hedge funds found $600 million in new money under their Christmas trees, according to a report from Eurekahedge.
Investors poured $600 million into hedge funds last month. Combined with some $4 billion in performance gains, that made December the eighth-straight month that global hedge fund assets grew.
All told, hedge funds managed $1.48 trillion on New Year’s Eve, Eureakhedge said.
Hedge funds bounced back in a big way last year, with some indices reported gains of nearly 25% after the average hedge fund lost double-digits in 2008.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…