February Sets Hedge Fund Inflow Record

Apr 12 2011 | 4:37pm ET

The hedge fund industry enjoyed its best-ever month in terms of inflows, attracting nearly $35 billion in new money on the month.

The $34.9 billion net inflow brings the total amount managed by hedge funds gloablly to $1.73 trillion, BarclayHedge and TrimTabs Investment Research said. That is the highest level since October 2008.

"Public pension plans—many of which are underfunded—are devoting much more capital to the hedge fund space," BarclayHedge President Sol Waksman explained. "Flows are doubtless following performance."

That mean that equity long-bias funds enjoyed a "particularly huge inflow," BarclayHedge and TrimTabs said.

Strong inflows were also enjoyed by funds of hedge funds and commodity trading advisers. The former took in $7.3 billion in February, their best month in almost three years, while the latter had its best fundraising month since June 2009 with a $7.5 billion inflow.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...