Hedge fund assets climb back above $2 trillion
Wednesday, December 9, 2009 : PermalinkReuters – Hedge fund assets crossed the $2 trillion (1.2 trillion pound) level for the first time in a year, signaling investors’ new willingness to return to alternative assets less than 12 months after the sector suffered heavy losses.
According to data released on Tuesday, total industry assets increased 3.4 percent last month to $2.037 trillion, HedgeFund.net, which tracks industry performance and asset flows, said.
