Thursday, October 11, 2012

 

TrimTabs and BarclayHedge Report Hedge Funds Gain $5.1 billion in August 2012; Assets Down 28.7% Since Peak

New York, NY – October 11, 2012 – BarclayHedge and TrimTabs Investment Research reported today that the hedge fund industry took in $5.1 billion (0.3% of assets) in August, reversing a $9.2 billion outflow (0.5% of assets) in July. Based on data from 2,999 funds, the TrimTabs/ BarclayHedge Hedge Fund Flow Report estimated that industry assets stood at $1.7 trillion in August, down 28.7% from their June 2008 peak of $2.4 trillion.

“The inflows we saw in August could not mask the troubles facing the hedge fund industry this year,” said Sol Waksman, founder and president of BarclayHedge. “While the industry had inflows in four of the first eight months of 2012, much stronger outflows in the other four months yielded net redemptions of $13.2 billion (2.0% of assets) year to date.”

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

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