Global hedge fund assets drop more than 30% in 2008 to $1.8 trillion

Thu Apr 23, 2009



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 2008.

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, as...

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