The Financial Times notes the tide may be turning back in favor of hedge funds, as some big names show some impressive increases in inflows. We should qualify this a bit: It is a big-name, big-fund phenomena only. The best example may be Highbridge, which has racked up $20 billion in net inflows. That includes $225 million from its majority owner JPMorgan.

The FT also says that "large amounts of withdrawal requests" have been canceled at some of the biggest funds, including DE Shaw. Big funds with decent performance are in good position. Overall, don't be surprised to see net outflows for the industry as a whole and lots of small funds shutter themselves. Then again, really a strong performance can change things. 

For more:
- here's the article
- the number of big hedge funds seems to be falling. Article

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