Wednesday, 29 July 2015
Last updated 5 hours ago
Jun 17 2008 | 10:01am ET
Hedge fund inflows fell by more than 80% in the first quarter, according to data released yesterday.
Investors added $2.6 billion to hedge funds in the first three months of the year, according to Lipper TASS. In the fourth quarter of last year, hedge funds took in $13.7 billion.
Event-driven hedge fund managers won the biggest inflows during the quarter.
The first-quarter decline was the fourth consecutive drop in quarterly inflows for hedge funds, Lipper TASS said.
May 27 2015 | 2:15pm ET
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