Tuesday, 28 February 2017
Last updated 9 hours ago
Jul 21 2014 | 10:55am ET
Another quarter, another all-time high for hedge fund assets.
The global hedge fund industry took in $30.5 billion in new money in the second quarter, pushing its asset base to a new record of $2.8 trillion, according to Hedge Fund Research.
The second quarter’s inflow is the eighth straight for the industry, and topped the first quarter’s $26.3 billion. In fact, last quarter’s was the largest infusion of new capital into hedge funds since the first quarter of 2011.