PR.com: Business Directory, Press Releases, Jobs, Products, Services, Articles
 
Businesses Articles Press Releases Follow @PRcom
Press Release Pricing | News by Category | News by Country | News by US Region | Recent News | PR.com News on Your Site
 

Press Releases

 
Golden Networking

Press Release


Receive press releases from Golden Networking: By Email RSS Feeds:

Hedge Funds Pulling in $7.1B in January to be Discussed at GoldenNetworking.com's Influential Alternative Investments Conference


Hedge Funds Pulling in $7.1 Billion in New Money in January 2010 to be Discussed at GoldenNetworking.com's Hedge Funds Leaders Forum 2010, March 18th, New York City

New York, NY, March 17, 2010 --(PR.com)-- GoldenNetworking.com's Hedge Funds Leaders Forum 2010, "Generating Alpha in Challenging Times" (http://www.HedgeFundsLeadersForum.com), March 18th, DLA Piper, New York City, will review BarclayHedge's announcement that hedge funds pulled in $7.1 billion in new money in January, data that points to fresh demand for the loosely regulated portfolios as investors search for better returns.

"The inflow in January is a very positive sign for the hedge fund industry," said Sol Waksman, CEO of BarclayHedge, the tracking company that compiled the data. "The first month of the year typically delivers a redemption-driven outflow. After a rough period when investors punished managers for poor returns by pulling out about $1 trillion between June 2008 and July 2009, investors are slowly returning to alternative assets. Indeed, many large investors said they expect to put more money with hedge funds later this year."

Hedge funds now manage roughly $1.5 trillion in assets, BarclayHedge said. "This is below the industry's highpoint of roughly $2 trillion at the end of 2007 but 24 percent above its low point in April 2009." In January, investors poured the bulk of new money into funds that bet on distressed securities, BarclayHedge found.

Hedge Funds Leaders Forum 2010 is produced by GoldenNetworking.com (http://www.goldennetworking.com), the premier community of business executives, entrepreneurs and investors, founded by former McKinsey consultant Edgar Perez.

Panelists, speakers and sponsors are invited to contact GoldenNetworking.com by sending an email to info@goldennetworking.com. GoldenNetworking.com has been frequently featured in the press, including recent articles in The New York Times, "GoldenNetworking.com Helps Job Seekers Make Overseas Connections" (http://www.nytimes.com/2009/11/07/nyregion/07network.html) and Columbia Business School's Hermes Alumni Magazine, "10 Under 10" (http://www7.gsb.columbia.edu/alumni/news/ten-under-ten).

###
Contact Information
GoldenNetworking.com
Edgar Perez
516-761-4712
Contact
http://www.GoldenNetworking.com

Click here to view the list of recent Press Releases from Golden Networking
Promote Your Business