GLOBAL - Hedge funds experienced their first quarterly outflows for the first time in nearly three years during the final quarter of 2002, according to Tremont TASS.
The hedge fund consultant found that the outflow in the fourth quarter of 2002 was US$696m (£441.2m), compared to an inflow of US$6.8bn (£4.3bn) during the previous quarter.
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date