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Hedge Fund Inflows Are $12.6 Billion in August, Eurekahedge Says


Date: Wednesday, September 23, 2009
Author: Dylan Griffiths, Bloomberg.com

Hedge funds assets increased by $21.4 billion in August, rising for a fourth straight month, according to Eurekahedge Pte.

Net inflows into the industry totaled $12.6 billion, while gains through performance were $8.8 billion, bringing total assets under management to $1.38 trillion, the Singapore-based research firm said in a report posted on its Web site.