( www.ipe.com ) – 20/Oct/05: GLOBAL – Investors pulled more than $1bn from hedge funds-of-funds in the third quarter, according to Hedge Fund Research which tracks the market.
And inflows to hedge funds themselves are the lowest for more than a year.
“Funds-of-funds saw an outflow of more than $1.2bn (€1bn) in assets in the third quarter,†HFR said. This compares to inflows of $3.5bn in the second quarter and $6.2bn a year ago.
