Two Trillion Assets
Hedge Fund Assets Reach Two Trillion Dollars Again
One strong indicator of the hedge fund industry's recover is the assets under management. In the wake of the financial crisis, hedge funds have passed a milestone of $2 trillion AUM, reportedly adding $26.3 billion just last month. This is still less than hedge funds managed before the crisis but this is still a testament to the swift recovery in the industry after being battered during the worst of the recession. Hedge funds are back to $2 trillion, reversing their losses of the last year, according to one of the more optimistic estimates of industry assets.
HedgeFund.net said hedge funds added $26.3 billion in new money last month, plus $40.5 billion in performance gains. The industry now manages $2.037 trillion.
That’s good, but it’s still almost $1 trillion less than hedge funds managed at their peak, in the second quarter of last year. Source
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