Gated Hedge Fund Assets Drop To 3%

Apr 19 2011 | 11:53am ET

Just 3% of the world's hedge fund assets remain gated, a new study shows.

Tullett Prebon said the amount of money still under redemption restrictions stands at about US$60 billion. But the brokers said that will continue to decline as gated, illiquid hedge funds continue to wind down and others lift their gates as liquidity improves.

During the worst of the financial crisis, hedge funds had barred investors from removing some 35% of the industry's total assets.

The shrinking of the gated figure is "good for the industry and investors, and perhaps good for some managers who may be recipients of that money," Tullett Prebon's Neil Campbell offered.


In Depth

FINtech Focus: Fundbase Aims To Revolutionize Access To Hedge Funds

Jan 23 2015 | 11:03am ET

Global investment in financial technology—also known as fintech—is booming....

Lifestyle

Is Steven Cohen Going to Buy the Brooklyn Nets?

Jan 19 2015 | 6:49am ET

Rumors that Steve Cohen was interested in the Brooklyn Nets emerged after Scott...

Guest Contributor

Investors Benefit From Evolution Of Fund Of Hedge Funds Model

Jan 22 2015 | 12:27pm ET

The evolution of the fund of hedge funds model over the last few years represents...

 

Editor's Note