Monday, 30 November 2015
Last updated 2 hours ago
Mar 2 2011 | 9:15am ET
Investors poured nearly $11 billion into hedge funds in January, indicating another step towards recovery for the industry.
"Net investor flows were positive and significantly about January 2010," HedgeFund.net reports. Positive, indeed: Investors moved $10.9 billion in new money into the sector, the third time in four months that they have added more than $10 billion to hedge funds.
Including $6.8 billion in performance gains, hedge fund assets rose to $2.49 trillion in January. But while other industry benchmarks say hedge funds are at or near their all-time high for assets, HFN's numbers show they have a long way to go.
"Total hedge fund AUM remain 18% below their all-time high, set in Q2 2008."
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…