Hedge funds attracted a net $19B of new capital in Q3, the most since the end of 2007. Hedge...

|By:, SA News Editor

Hedge funds attracted a net $19B of new capital in Q3, the most since the end of 2007. Hedge funds returned an average of 5.2% in the quarter, bringing net asset values to a record high and erasing the losses during the financial crisis. “The emerging from the drawdown is a milestone," Hedge Fund Research's Ken Hines says.