Thursday, 24 July 2014
Last updated 15 hours ago
Feb 11 2014 | 1:15pm ET
Investors pulled more than $10 billion from hedge funds in December, the largest monthly outflow of the year.
Net redemptions totaled $10.4 billion on the month, according to BarclayHedge and TrimTabs Investment Research. But thanks to investment returns in December, the industry actually ended 2013 at a five-year high, with $2.2 trillion in assets. And in spite of December's outflow, 2013's net inflow of $56.5 billion marked a three-year high.
Investors yanked $6.8 billion from funds of hedge funds on the month and $35.3 billion on the year. The latter figure was below the $42.9 billion in outflows suffered by hedge funds in 2012.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…