Assets in global hedge funds dropped sharply during 2008 to
finish the year at just over $1.8 trillion, according to the
latest research compiled by HedgeFund Intelligence.
This fall in net assets occurred almost entirely in the
second half of the year with a drop of 32.3% from $2.697
trillion at the end of June to $1.826 trillion at end-December.
Assets had stood at $2.646 trillion at the beginning of
For clarity, these statistics include single-manager hedge
fund assets only. They do not include additional money managed
by funds of funds that allocate to hedge funds. Statistics on
funds of funds are collected separately by InvestHedge, which
tracks investors in the hedge fund sector, and are presented in
this report on pages 23-26.
The decline in assets under management flows from a mixture
of negative performance and net redemptions from the industry,