Hedge Funds Add $4.1B In Sept.

Nov 15 2013 | 11:48am ET

Hedge funds took in more than $4 billion in new money in September, pushing the industry to its highest asset level in five years.

The net inflow of $4.1 billion was the third positive month in a row for hedge funds, according to BarclayHedge and TrimTabs Investment Research.

"The hedge fund industry has received $51.6 billion in 2013, which is a huge turnaround from the outflow of $2.6 billion in the same period last year," BarclayHedge founder Sol Waksman said.

Funds of hedge funds haven't seen that turnaround, however, posting their 22nd monthly outflow in the last 24 months. September's net outflow was $2.6 billion.


In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

The Road To Tax Alpha

May 28 2015 | 5:36am ET

Tax-related alerts are increasingly helping investment managers harvest tax alpha...

 

Sponsored Content

Editor's Note