Thursday, 25 December 2014
Last updated 15 hours ago
Feb 19 2009 | 12:57am ET
Hedge fund assets fell under $1 trillion in January as investors headed for the exits, according to a new report.
Investors withdrew $74 billion from hedge funds last month, according to TrimTabs Investment Research, leaving total industry assets at $964 billion. The outflow is the second-highest on record, after $117 billion in withdrawals in December.
Hedge fund assets have fallen by more than half since May, when they totaled $1.9 trillion. The industry has lost $315.6 billion to redemptions since September alone.
Just one category of hedge funds tracked by TrimTabs added money in January, with equity funds bringing in $2 billion.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.