Monday, April 11, 2011

 

Hedge Funds Haul in $34.9 Billion (2.0% of Assets) in February, Heaviest Inflow on Record

New York, NY – April 11, 2011 – The hedge fund industry raked in $34.9 billion (2.0% of assets) in February 2011, the heaviest inflow on record, reports BarclayHedge and TrimTabs Investment Research. Industry assets stand at $1.73 trillion, the highest level since October 2008.


“Flows are doubtless following performance,” explains Sol Waksman, founder and President of BarclayHedge. “The Barclay Hedge Fund Index posted an increase in each of the past seven months, and it didn’t hurt that February is historically the best month of the year for new hedge fund subscriptions. Meanwhile, public pension plans — many of which are underfunded — are devoting much more capital to the hedge fund space.”


Read the entire TrimTabs Asset Flows into Hedge Funds Press Release by clicking here.

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