Wednesday, August 8, 2012

 

TrimTabs and BarclayHedge Report Hedge Funds Redeem $4.9 billion in June 2012. Hedge Fund Industry’s June Performance Lags S&P 500; Assets Down 29.5% Since 2008 Peak.

New York, NY — August 8, 2012 — BarclayHedge and TrimTabs Investment Research reported today that the hedge fund industry redeemed $4.9 billion (0.3% of assets) in June, compared with inflows of $1.1 billion in May. Based on data from 3,012 funds, the TrimTabs/BarclayHedge Hedge Fund Flow Report estimated that industry assets were $1.71 trillion in June, down 1.3% from $1.73 trillion in May and down 29.5% from their peak of $2.4 trillion set in June 2008.

“The hedge fund industry can’t seem to get out of the doldrums,” said Sol Waksman, founder and president of BarclayHedge. “Industry performance continues to lag popular benchmarks such as the S&P 500, and asset growth has been flat for most of the past year.”

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

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