Monday, November 8, 2010
Hedge Funds Post Inflow of $3.8 Billion in September, Assets Surge to Highest Level since April
New York, NY – November 8, 2010 – TrimTabs Investment Research and BarclayHedge reported that the hedge fund industry posted an inflow of $3.8 billion (0.2% of assets) in September 2010, the third straight inflow as well as the sixth in eight months. Assets surged 2.5% to $1.62 trillion, the highest level since April.
“September was a good month for hedge fund managers,” said Sol Waksman, founder and President of BarclayHedge. “Nine in 10 managers reported a profit for the month, and our Hedge Fund Index increased 3.5%. This is the largest gain since May 2009, and it lifted the index above the October 2007 high-water mark.”
Read the entire TrimTabs Asset Flows into Hedge Funds Press Release by clicking here.
Copyright © 2010 by Barclay Hedge
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