Friday, 26 December 2014
Last updated 1 day ago
Dec 14 2010 | 1:38pm ET
Investors continued to pour money into hedge funds last month—but hedge funds lost it almost as soon as it could come in.
The industry enjoyed $12.97 billion in net inflows in November, HedgeFund.net reports. But the overall size of the industry grew by just 0.08%, because hedge funds suffered more than $11 billion in losses on the month.
November's inflow was the fifth straight month that investors added new money to hedge funds. Since July, hedge funds have enjoyed more than $45 billion in net inflows, including $18.4 billion in October.
"The continuation of net inflows, especially following the surge in October, is an important sign of support as the trend in the first half of the year was of declining rates of growth," HFN said.
Hedge funds managed $2.409 trillion at the end of November, according to HFN.
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.