Hedge fund flows back to pre-crisis levels
Friday, December 18, 2009 : PermalinkReuters – Bumper hedge fund returns this year have helped lift client money flows back to pre-crisis levels, according to hedge fund services firm GlobeOp, marking a rehabilitation for an industry that saw clients flee last year.
GlobeOp Financial Services chief executive Hans Hufschmid said clients had seen a rebound in flows on both a gross and net basis to average levels seen before turmoil struck markets last year.
