Global hedge fund assets up 11% in 2010 – and back above $2 trillion
March 28, 2011
• Assets reach levels of 2006, but still well below peak of 2007; • New York still the leading centre, London still dominant in Europe, Hong Kong rising
25 March 2011, London – Assets in global hedge funds rose by more than 11% during 2010 to reach more than $2 trillion again by the end of last year, according to the latest research by HedgeFund Intelligence.
Assets in hedge funds of traditional types, which are mostly domiciled offshore or structured as limited partnerships in the United States, managed combined total assets of $2.022 trillion by the end of 2010, up from $1.820 trillion a year before. If hedge funds and other absolute return funds in European onshore UCITS structures are also added, the total rises to $2.099 trillion – up 13% from the figure (also including UCITS funds) of one year previously.
The latest numbers confirm that, after a prolonged period of contraction due to net redemptions during and following the global financial crisis, investors have started to allocate more money to hedge funds. The...
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