New data released this week by Hedge Fund Research Inc has revealed that investors are continuing to pour money into hedge funds at a similar rate to the record inflows seen in 2003.
Analysts from the firm announced on Wednesday that $22.2 billion was invested in hedge funds in the first quarter of 2004. Whilst this was lower than the $26.8 billion inflows seen in the last quarter of 2003, HFR anticipates that inflows in 2004 will surpass the $72.2 billion invested in hedge funds in 2003.
It is now estimated that the hedge fund industry has a total of $865 billion under management, up almost 6% from the $817 billion available to fund managers at the end of 2003, according to HFR.
The firm also noted that one of the fastest growing components of the hedge funds sector is funds of funds, which aim to reduce risk by investing across a range of hedge funds, which accounted for $15.7 billion of first quarter inflows.
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment