Friday, 22 August 2014
Last updated 1 hour 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.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note