Although the ticket sizes were small, money came flowing back into hedge funds last month with investors adding $7.36 billion to the industry, according to data collected by eVestment.
Still year-to-date the industry is still in the red with investors redeeming $37.6 billion. Yet industry AUM stands firm at $3.2 trillion.
“August was generally a broadly positive month for the hedge fund industry, though there were pockets of large redemptions clouding the picture,” said Peter Laurelli, eVestment global head of research. “The proportion of funds with inflows was nearly 60 . . .
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