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.
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