Beverly Chandler, Opalesque London:
New research from Preqin finds that the US-based hedge fund industry has seen assets grow by a significant $150bn in
2013 so far.
Their latest research showed that the US hedge
fund industry has recovered
faster and more strongly than other regions across the
globe, and is currently enjoying significant growth in
terms of assets under management. The firm writes that although much of this
growth can be accounted for by the solid performance
of hedge funds in 2013 year to date, they have also
witnessed some significant commitments to US-based
hedge funds so far this year. "US-based hedge funds
account for an overwhelming 73% of total hedge fund industry assets under management" Preqin says.
Other key highlights of the study include: