According to research by HFR, the hedge fund industry attracted a record $194.5 billion in new investor capital in 2007. Inflows for 2006 were $126.5 billion.
Third quarter down
Inflows in the fourth quarter, however, were smaller than those in the previous three quarters. Only $30.4 billion of new money came in from September to the end of December 2007 as investors awaited more market clarity.
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