Hedge Fund Inflows
Below is a short article from Bloomberg on the level of hedge fund asset inflows for April, the highest seen in 9 months now:
Hedge funds attracted $15.4 billion in April, the biggest inflow in nine months, as managers had their best performance in more than three years on surging global stock prices, according to Eurekahedge Pte.
Gross inflows to the industry were the largest since August, based on preliminary estimates, according to Ankur Samtaney, an analyst at the Singapore-based research firm. The Eurekahedge Hedge Fund Index, tracking more than 2,000 funds globally, gained 3 percent in April, bringing its year-to-date advance to 3.9 percent, based on 70 percent of the funds reporting, the firm said in a report.
Hedge funds benefited as global stocks surged 11 percent in April, as measured by the MSCI World Index of shares in 23 developed nations. Fund managers are beating global benchmarks in 2009 after suffering the worst year on record in 2008. source