Friday, 27 November 2015
Last updated 7 min ago
May 27 2010 | 11:35am ET
Is the hedge fund industry bigger than most think? It certainly could be, if the latest figures from HFMWeek are any indication.
Its survey of custodians and administrators finds that hedge fund assets under administration have topped $2.7 trillion, roughly $700 billion more than the most optimistic of other measures of hedge fund assets.
The HFMWeek survey also shows that the hedge fund industry is growing rapidly, by 9% over the past six months, and on course to top its previous high of $2.9 trillion and break the $3 trillion barrier this year.
HFMWeek surveyed 79 administrators. Its figures exclude leverage.
The survey shows that most of the growth in the industry is coming in managed accounts.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…