Investors Pull Money From Hedge Funds

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June 29, 2010

Investors Pull Money From Hedge Funds

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DealBook/The New York Times, June 28, 2010

Money flowed out of hedge funds in the first quarter of the year as investors grew skittish about parking their money in alternative investments. With hedge funds performing poorly in the second quarter and more regulations set to go into force, net outflows could accelerate in this once-premier asset class.

There was a relatively large $11 billion net outflow of investor cash from hedge funds in the first quarter, fully erasing the $7.5 billion net inflow experienced in the fourth quarter of 2009, according to data from Thomson Reuters Lipper TASS.

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Posted at 12:30 PM in Current Affairs | Permalink

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