Having passed the landmark level of $2 trillion only last
January, assets under management in global hedge funds have
already soared to almost $2.5 trillion, according to our latest
analysis of the HedgeFund Intelligence database and our
associated midyear surveys.
When we last conducted this exercise on the numbers for
January 1, 2007, we calculated that industry assets then
amounted to $2.079 trillion counting only single-manager
hedge fund groups and not double-counting with funds of funds.
Using the same methodology for the numbers on July 1, 2007, we
calculate that assets have jumped more than $400 billion to
$2.481 trillion. Given the widely reported performance problems
for many funds over the summer months, it is certainly
questionable whether anything like such a robust rate of growth
will be sustained over the second half of the year.
Our statistics reveal an amazing growth rate of more