Friday, June 24, 2011
Hedge Fund Industry Posts Heavy Inflow of $17.5 Billion in April 2011; Industry Assets Increase to $1.8 Trillion, Highest Level Since October 2008
New York, NY – June 6, 2011 – The hedge fund industry pulled in a heavy $17.5 billion (1.0% of assets) in April 2011, the fourth straight inflow, report TrimTabs Investment Research and BarclayHedge. Industry assets increased to $1.8 trillion, the highest level since October 2008.
“Flows are doubtless following performance,” says Sol Waksman, founder and President of BarclayHedge. “The Barclay Hedge Fund Index posted a positive return in each of the eight months ended April, and investors of all stripes are prone to chase a winning streak.”
Read the entire TrimTabs Asset Flows into Hedge Funds Press Release by clicking here.
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