Friday, April 20, 2012

Hedge Fund Assets Soar to Record Level




Hedge fund assets jumped to record levels in the first quarter of this year, when funds had their best first quarter in five years, according to the latest HFR Global Hedge Fund Industry Report, released on Thursday by Chicago-based research firm Hedge Fund Research.

Total investor capital allocated to hedge funds in the first quarter exceeded $16 billion, HFR said in a statement.

Combined with strong performance for hedge funds in the first quarter, when stock and credit markets gained strongly, total capital invested in the global hedge fund industry increased to $2.13 trillion, exceeding the previous record of $2.04 trillion set in mid-2011, HFR said…
http://www.cnbc.com/id/47099322

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