Friday, 29 July 2016
Last updated 2 hours 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.