Saturday, 28 February 2015
Last updated 16 hours ago
Jun 10 2008 | 2:00am ET
Hedge fund assets have soared to more than $2.9 trillion despite disappointing returns, although investors are showing slightly less enthusiasm for the asset class.
Hedge fund assets under administration have jumped 20% over the past year, according to a survey of administrators by Hedge Fund Manager Week. But the $230 billion in new assets accrued in the six months to April represents a growth rate of 9%.
That rate was 17% in the magazine’s last survey.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…