Opalesque – Global hedge funds attracted around $3.6bn in November as investors poured money into the industry, effectively ending months of heavy withdrawals, fresh data showed on Tuesday.
“After months of outflows across nearly every hedge fund category, November saw outflows in only two investment styles: Emerging Markets, which shed $1.3bn, and Equity Long-Short, which shed $1.0bn,” says Sol Waksman, founder and President of BarclayHedge, a hedge fund data vendor.
