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Investment returns may be moderating, but hedge funds keep piling up assets.
The firms that make up Alpha‘s 2005 Hedge Fund 100, our fourth annual ranking of the world’s largest hedge fund management firms by assets, saw a 29 percent gain in assets under management — to $568 billion in single-manager hedge funds as of December 31, 2004, up from the $439 billion managed by the firms on last year’s list.
