Hedge Fund Assets Hit $2.7 Trillion

Apr 22 2014 | 2:00pm ET

Hedge funds took in more new money during the third quarter than in any such period in three years, pushing the industry’s total assets to a new record.

Net inflows totaled $26.32 billion between January and March, according to Hedge Fund Research. The industry now manages $2.7 trillion.

Last quarter was the seventh straight in which industry assets hit a new record.

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