AMAL ROBLEH, AMERICAS DATA AND RESEARCH MANAGER, HEDGEFUND INTELLIGENCE
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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...