Opalesque – Event-driven and Special Situations hedge funds rose 4.1% or equivalent to $21.2bn in the first half of the year, bringing the group’s total assets under management (AuM) to $537.1bn halfway into 2011.
In his industry report furnished to Opalesque, HedgeFund.net Vice President – Research Division Peter Laurelli disclosed that performance accounted for a $6.9bn increase in assets of Event-Driven and Special Situations funds, while investors allocated an additional $14.1bn in first six months of the year.
