Monday, March 8, 2010
Hedge Funds Post Inflow of $7.1 Billion in January; Hedge Fund Assets Stand at $1.5 Trillion
New York, NY – March 8, 2010 – TrimTabs Investment Research and BarclayHedge reported that all hedge funds posted an estimated inflow of $7.1 billion, or 0.5% of assets, in January 2010. Total hedge fund assets stand at $1.5 trillion, up 23.6% from the April 2009 low, thanks to an unprecedented 11-month winning streak.
“January bucked the trend,” said Sol Waksman, CEO of BarclayHedge. “The first month of the year typically delivers a redemption-driven outflow. The fact that hedge funds managed to attract money is a good sign.”
Read the entire TrimTabs Asset Flows into Hedge Funds Press Release by clicking here.
Copyright © 2010 by Barclay Hedge
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