(Pensions and Investments) Hedge funds with an institutional orientation produced exceptionally strong net asset growth of 18.4% in the year ended June 30.
Aggregate assets managed worldwide in single and multistrategy hedge funds by the 113 firms in Pensions & Investments’ universe totaled $1.338 trillion as of June 30. By comparison, net aggregate asset growth was 3.1% as of the same date a year earlier and 5.3% in the year ended June 30, 2016.
Hedge fund assets increase 18.4% to $1.338 trillion
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