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Hedge funds experience net inflows in 2004.

Publication: Westchester County Business Journal
Publication Date: 24-JAN-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: Hedge funds experience net inflows in 2004.(Banking And Finance)

Article Excerpt
Hennessee Group L.L.C., an adviser to hedge fund investors, estimates that hedge fund industry assets increased by $139 billion in 2004 to $934 billion. Likewise, the number of managers in the hedge fund industry increased to 8,050 from 7,000.

The increase in assets represents 17 percent growth over industry assets since the beginning of 2004. Preliminary results indicate that the hedge fund industry experienced inflows of $75 billion last year. The remaining $64...

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