Friday, 28 August 2015
Last updated 5 hours ago
Jul 23 2007 | 2:13pm ET
The highly-publicized problems in the sub-prime mortgage market, and its high-profile hedge fund victims, have not dampened investor enthusiasm for hedge funds, Hedge Fund Research said today.
Investors poured $58.7 billion in new money into hedge funds during the second quarter, HFR said, pushing total hedge fund assets to $1.74 trillion.
“We still see extremely strong flows to hedge funds, with second-quarter 2007 the second-best quarter on record, trailing only the last quarter,” Kenneth Heinz, HFR president, said in a statement.
Funds of hedge funds hit a new asset-level record, adding $17.4 billion to reach $745 billion.
Among individual strategies, HF said that relative value arbitrage, which includes some multi-strategy credit funds, added $16.4 billion, and equity hedge $12.6 billion.
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…