Outflow Update – HNWs on the way out – N.A. Institutions Hanging Tough

From today’s FT.
 
HNW continue to flee hedge funds leaving an industry that is “more North American and more institutional.”
 
Selected excerpts:
 
“Rich Europeans, who were the first to invest in hedge funds and once comprised the majority of investors, have been the first to exit in the downturn, according to a study out Monday.

High net worth individuals [...]

Filed under: Hedge Fund Assets, Uncategorized by Lisa
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