Sunday, 1 February 2015
Last updated 2 days ago
Oct 23 2007 | 12:42pm ET
Investors’ appetite for hedge funds has abated somewhat in the face of this summer’s difficulties, but not enough to keep the industry from its annual inflow record-breaking.
Hedge fund managers added $45.2 billion in new assets in the third quarter, according to Hedge Fund Research. Year-to-date, investors have added more than $160 billion to hedge funds, easily surpassing the record of $126 billion set last year. All told, hedge funds now manage some $1.81 trillion.
The good news notwithstanding, investors are putting less new money into hedge funds as the year goes on—and bad news makes a splash in the headlines. The $45.2 billion inflow was significantly lower than that in the first two quarters of the year—$60 billion and $58.7 billion, respectively—and is the lowest level since the final quarter of last year, when hedge funds added just $16.8 billion.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…