(Opalesque) Hedge fund assets under management (AUM) have finally surpassed pre-COVID-19 levels, pushing to a new industry high of $3,696bn, said a report by Preqin. This record figure can primarily be attributed to improved performance in September (+5.17%, as measured by the Preqin All-Strategies Hedge Fund Benchmark) compared to the YTD return of +5.01%.
Hedge fund AUM surpasses pre-COVID-19 levels, pushing to a new industry high of $3.7tn
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