Monday, 31 August 2015
Last updated 3 hours ago
Jan 4 2012 | 2:10am ET
Investors returned to hedge funds in November, even as the industry lurched towards its second-worst year in history.
Hedge funds took in $3.6 billion in new money in November, according to BarclayHedge and TrimTabs Investment Research. The inflows, which boosted the industry's size to $1.71 trillion, follow two consecutive months of outflows, totaling $11.6 billion.
"After months of outflows across nearly every hedge fund category, November saw outflows in only two investment styles," BarclayHedge's Sol Waksman said.
Those two where emerging markets and long/short equity strategies, which suffered outflows of $1.3 billion and $1 billion, respectively. By contrast, multi-strategy and macro funds pulled in the dollars, with the former adding $1.5 billion and the latter $981 million.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…