Hedge fund assets seen reaching $3 trillion this year -survey

Reuters – Hedge fund industry assets are expected to reach a record $3 trillion by year’s end as investors plan to add fresh money, saying they were generally happy with last year’s returns and don’t expect bigger gains this year, a new survey shows.

Investors polled by Deutsche Bank said they expect the bump in assets to be fueled both by new money and by performance related gains.

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