Tuesday, 24 November 2015
Last updated 2 hours ago
Mar 10 2009 | 11:41am ET
Early estimates for February indicate the outflows from the hedge fund industry continued, but at a much slower rate than prior months, according to HedgeFund.net
Hedge fund assets fell 2.2% in February to $1.746 trillion, compared to a drop of 7.6% in January. The loss was largely due to net investor redemptions and fund liquidations of $35.9 billion during the month and combined with a reduction due to performance losses of $3.53 billion.
The data provider also estimates that hedge funds dropped 0.61% on average for February, but the loss will likely grow as more funds report.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…