Thursday, 28 May 2015
Last updated 1 hour ago
Apr 21 2010 | 11:03am ET
It’s as if the global economic crisis never happened at all: The world’s hedge funds manage almost as much money today as they did in October 2007, just as everything came tumbling down.
Globally, hedge funds can boast of $1.67 trillion in assets, just 2% less than they managed at their peak, according to Hedge Fund Research.
Hedge funds have continued their winning ways this year, HFR said. The average fund is up 2.56% this year, on top of the 24.55% they added last year. Relative value funds have led the way, posting positive returns in each of the last 15 months.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by partcipating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…