AMAL ROBLEH, AMERICAS DATA AND RESEARCH MANAGER, HEDGEFUND
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The biggest players in the global hedge fund industry are
continuing to get bigger and nearing their all-time peak
assets, indicating that the turmoil following the financial
crisis might be at an end.
According to the latest statistics for the Global Billion
Dollar Club - the elite group of firms that manage $1
billion or more in hedge fund assets - the 389 current
members of the Club managed assets of $2.04 trillion at the
mid-year point. That is a significant increase from the 367
firms at the start of the year that managed $1.925 trillion.
Collectively, the Club has seen a rise in assets of 5.97%,
slightly ahead of the...