Monday, December 12, 2011
Hedge Fund Redemptions More than Triple in October; Assets Fall for Third Consecutive Month
New York, NY – December 12, 2011 – BarclayHedge and TrimTabs Investment Research reported today that hedge fund redemptions in October were $9 billion, more than triple September’s $2.59 billion outflow. Industry assets decreased to $1.66 trillion in October from $1.73 trillion in September, the third straight monthly decline.
“Investors seem to have lost patience with lackluster hedge fund returns,” says Sol Waksman, founder and President of BarclayHedge. The Barclay Hedge Fund Index did rise 3.5% in October, bouncing back from five straight monthly declines. Assets are at their lowest since January 2010.
Read the entire TrimTabs Asset Flows into Hedge Funds Press Release by clicking here.
Labels: BarclayHedge press release, CTA, flows into CTAs, flows into hedge funds, hedge fund flows, hedge fund research
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