Hedge Fund Assets Surge To Near Record High
So, it looks like happy days are here again for hedge funds. Assets surged by $149 billion in the fourth quarter of 2010 when the typical fund was up 5.5 percent. This puts total industry assets at $1.917 trillion, a tad below the all-time high of $1.93 trillion set in the second quarter of 2008, according to Hedge Fund Research (HFR).
January 24, 2011