Macro Funds
Macro Funds Lead Others in April 2010 Inflows
Earlier this month we covered macro funds and how they are faring in Europe's economic turmoil. Macro funds are leading all hedge funds in fundraising lately helping the industry return to its 2008 asset level of $1.65 trillion. Of the $23.7 billion in inflows during April the largest share went to macro funds, with $2.5 billion last month.
The hedge fund industry has recouped most of the assets it lost during the financial crisis, according to a new report.
Net inflows into hedge funds totaled $23.7 billion in April, according to research firm BarclayHedge. That puts the industry at $1.65 trillion, their best figure in 18 months, or since before the crippling outflows at the end of 2008.
Macro hedge funds enjoyed the biggest vote of confidence from both investors and the markets, with inflows of $2.5 billion in April. The strategy, which took in a total of just $4 billion last year, now boasts $94.9 billion in assets. Source
Related to: Macro Funds
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