Hedge fund inflows pick up
We noted recently that private equity funds, despite being giddy over the exit environment, were facing some challenges on the fund-raising front. The atmosphere for hedge funds may be a bit better.
Investors really streamed into hedge funds late last year. Hedge funds raked in $54 billion in August, September, October and November before a slight drop off of about $4 billion in December, reports Reuters, noting data from Barclays and TrimTabs.
So are we back to pre-crisis levels? Inflows seem to be, but investors have yet to fully replace the $402 billion that left hedge funds between September 2008 and July 2009. Still, the trends are positive, and the strong performance in 2009 did not hurt.
- here's the article