Thursday, November 10, 2011
Hedge Funds Redeem $5.0 Billion in September, Second Outflow in Three Months
New York, NY – November 7, 2011 – Hedge funds redeemed $5.0 billion in September, the second outflow in three months, report BarclayHedge and TrimTabs Investment Research. Industry assets decreased to $1.72 trillion, the lowest level in 12 months.
“Hedge fund investors have grown much more cautious,” says Sol Waksman, founder and President of BarclayHedge. “They pumped $58.5 billion into hedge funds between January and June, the heaviest first-half inflow since 2007. But then they withdrew money in two of three months for the first time since 2009.”
Read the entire TrimTabs Asset Flows into Hedge Funds Press Release by clicking here.
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