Saturday, 20 December 2014
Last updated 13 hours ago
Nov 16 2010 | 2:17pm ET
Investors poured more money into hedge funds last month than they have in almost a year.
Net inflows into the industry totaled $18.4 billion in October, HedgeFund.net reports. That's more than 50% more than September's net inflow and marks the fourth straight month of inflows.
It is also the biggest net inflow since November 2009.
Hedge funds made their own breaks in October, as well, with performance gains of $52.7 billion. The industry grew by 3.04% on the month and now manages $2.41 trillion.
"The continuation of net inflows is an important sign of support as the trend in the first half of the year was of declining rates of growth," HFN said.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.