Opalesque – Investors continued to allocate new capital to hedge funds through and despite the volatile performance environment in 2Q11, as new allocations to the hedge fund industry totaled nearly $30 billion in 2Q11, according to data released today by HFR in the latest edition of Global Hedge Fund Industry Report: 2Q11.
Inclusive of the $32 billion in inflows from the previous quarter, inflows in 1H11 exceeded $62 billion, the strongest half-year total since 2H07, when the industry saw $75 billion in inflows. Strong 2Q inflows offset a modest performance-based asset decline, and extended the record level of capital invested in the global hedge fund industry to $2.04 trillion.
