Wednesday, 28 January 2015
Last updated 1 min 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.
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…