Hedge fund assets near $4tn

(Opalesque) Worldwide aggregate hedge fund assets reached an estimated $3.96 trillion as of June 30, an increase of $360 billion from the start of the year said a report. According to HFR Global Hedge Fund Industry Report, the total hedge fund industry capital accelerated through 2Q due to the strongest first-half performance in a calendar year since 1999, surpassing multiple milestones of industry growth and expansion.

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