Hedge Fund Industry Inflows
Hedge Funds Pull in $9.5 Billion in Q2 2010
While hedge funds have not made the kind of recovery in total assets that many expected, billions of dollars are still flowing into the hedge fund industry. Hedge funds attracted $9.5 billion in quarter 2 of 2010, according to recent research.
Hedge fund managers have seen flat returns on average as they have battled a volatile market so far this year, but that hasn't stopped wealthy investors from sinking more cash into the industry. Strategies like global macro and event-driven funds that may insulate investors from stock market swings, have been seen as particularly attractive.
The fund industry's most established firms with more than $5 billion in assets under management, saw $8.8 billion of the total inflows in the second quarter, according to HFRI.
"The hedge fund industry continues to be dominated by investor preference for robust fund infrastructure, encompassing enhanced liquidity and transparency," Ken Heinz, president of HFRI, said in a statement. Source
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