Eureka: North American Hedge Funds Back At Asset Peak

Aug 22 2012 | 1:51pm ET

It's been a long, hard slog since the hedge fund industry's assets began to erode amidst the financial crisis. But North American hedge funds are back to where they were four years ago.

Eurekahedge said that the region's hedge funds have returned to their all-time high. North American hedge funds now manage $1.2 trillion, the data provider said.

All told, global industry assets stood at $1.74 trillion after increasing by $10.6 billion in July.

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