Hedge Funds

Most AR readers predict a larger industry by 2012

by Josh Friedlander

Despite some voters predicting a significant decline in assets, most are bullish.

Nearly 60% of AR readers who voted in a recent poll predicted that assets managed by the Billion Dollar Club, AR's list of the largest hedge fund firms in the Americas, will be the same or greater by Jan 1, 2012.

The poll, which was posted on AR from October 3 through the October 11, drew a range of predictions (see chart below). Nine percent of voters were very bearish, predicting assets would fall as much to $1 trillion,  which represent a 28.5% drop from the $1.4 trillion that the 241 largest American hedge fund firms