Monday, March 5, 2012

 

Hedge Funds Redeem $15.2 Billion in January, Highest Outflow Since July 2009; Funds Return 3.2% in January but Underperform S&P 500

New York, NY—March 5, 2012— BarclayHedge and TrimTabs Investment Research reported today that hedge funds redeemed an estimated $15.2 billion (0.9% of assets) in January 2012 while underperforming the S&P 500 by 110 basis points for the month. Industry assets rose to $1.70 trillion in January from $1.68 trillion in December 2011.

“Hedge funds managed a 3.1% return in January after posting losses in seven out of the last eight months of 2011,” said Sol Waksman, founder and President of BarclayHedge.  The benchmark S&P 500 Index returned 4.2% in January after outperforming the hedge fund industry for all of 2011.

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

Labels: , , , , ,






<< Home

Copyright © 2010 by Barclay Hedge

This page is powered by Blogger. Isn't yours? Subscribe by RSS Subscribe by Atom

Subscribe to Posts [Atom]