(Evestment.com) Hedge funds in aggregate experienced net outflows in the quarter ended March 31, but they were close to half the rate experienced in the last quarter of 2015, new data from eVestment showed. Industrywide net outflows in the first three months of 2016 were $14.4 billion, 46.3% less than the $26.8 billion in net outflows the previous quarter, an eVestment analysis released Monday revealed. Net outflows and performance declines in the first quarter dropped total hedge fund industry assets 2.4% to $2.953 trillion.
Hedge Fund Net Outflows in First Quarter Slow to Nearly Half the Previous Quarter
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