Monday, 24 October 2016
Last updated 2 days ago
Apr 4 2008 | 11:21am ET
Hedge fund inflows rebounded somewhat in February, as the industry brought in more new money than it had in several months.
Investors added $21.3 billion to hedge funds in February, TrimTabs Investment Research and BarclayHedge said yesterday. Most of the money—$12.9 billion—went into funds of hedge funds, with the remaining $8.4 billion going to single-manager funds.
“Hedge funds navigated the turbulent markets in February extremely well,” Charles Biderman, TrimTabs CEO, said.
Hedge funds added $257 billion last year.