Tuesday, September 11, 2012

 

TrimTabs and BarclayHedge Report Hedge Funds Redeem $7.4 Billion in July 2012, Assets Down 23.2% Since Peak

New York, NY — September 11, 2012 — BarclayHedge and TrimTabs Investment Research reported today that the hedge fund industry redeemed $7.4 billion (0.4% of assets) in July, building on outflows of $4.2 billion in June.  Based on data from 3,119 funds, the TrimTabs/BarclayHedge Hedge Fund Flow Report estimated that industry assets were $1.87 trillion in July, down 23.2% from their June 2008 peak of $2.4 trillion.

“We've seen a notable reversal in hedge fund industry fortunes during the past year,” said Sol Waksman, founder and president of BarclayHedge. “The industry experienced outflows in seven of the 12 months from August 2011 to July 2012, losing a net $29.3 billion. From August 2010 to July 2011, the industry gained $96.2 billion with inflows in 10 out of 12 months.”

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

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