Wednesday, 5 August 2015
Last updated 14 hours ago
Aug 19 2014 | 1:21pm ET
Hedge-fund assets have soared over the past year, even as returns have disappointed.
Hedge funds registered with U.S. regulators managed $8.9 trillion at the end of May, the Securities and Exchange Commission said. That amounts to a 22% increase—or $1.6 trillion—from just a year earlier.
Private-equity firms grew even more, with assets rising 23% to $7.4 trillion.
The largest hedge funds accounted for slightly less than half of the growth, as those with at least $500 million now run $4 trillion, compared to about $3.3 trillion in May 2013. All told, 460 firms reported on 1,326 hedge funds to the SEC, it said.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…