Highbridge records $1 bln in net inflows in 2009

Reuters – Highbridge Capital Management, the hedge fund majority-owned by JPMorgan Chase & Co, received $1 billion in net inflows this year, the Financial Times reported citing people familiar with the fund.

The inflows suggest that investors are tentatively returning to hedge funds after a dismal 2008 that saw record losses and withdrawals, the paper said in a report posted on it website.

Read Complete Article

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.
This entry was posted in Syndicated and tagged , , , , , , , , . Bookmark the permalink.

Comments are closed.