Hedge fund industry sees USD15bn of gross inflows in April

Date: Tuesday, June 2, 2009
Author: Hedgeweek.com

The hedge fund industry saw gross inflows of USD15bn in April, up from USD12bn and USD4bn in March and February respectively, according to Eurekahedge.

Net redemptions were USD25bn, down from a monthly average of USD65bn for the preceding six months, bringing industry assets to USD1.30trn.

Hedge funds are up 3.9 per cent year-to-date, while the Dow Jones Industrial Average is down 6.9 per cent as at end April.

The Eurekahedge alternative databases now cover 20,400 funds, representing USD4.5trn in assets.