While some are playing the big decline in hedge fund inflows as the story in the latest Trim Tabs figures, you could equally argue it’s a surprise the number stayed positive at all given August’s misadventures.
Hedge fund inflows in August were $8.9 billion, a 77% drop from the $39.1 billion inflow in July, according to estimates by TrimTabs Investment Research. The July inflow figure is a corrected estimate, up from the $32 billion outflow TrimTabs had estimated for the month, according to a news release. The $8.9 billion August inflow was calculated by combining an estimated $24.5 billion of hedge fund-of-funds inflows with an estimated $15.6 billion outflow from single and multistrategy hedge funds. TrimTabs uses hedge fund data from BarclayHedge.