Friday, 27 November 2015
Last updated 1 day 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…