Opalesque Industry Update - American hedge funds reported a healthy increase in assets in this year's first half and now manage a combined $1.399 trillion. That's $102 billion, or nearly 8%, more than they managed at the beginning of the year, according to the latest Billion Dollar Club, AR Magazine's survey of American hedge funds managing $1 billion or more.
Bridgewater took the top spot again, followed by J.P. Morgan Asset Management and Paulson & Co.
Globally, hedge fund assets amount to $2.16 trillion, up slightly from the $1.82 trillion managed at the beginning of the year.
Full results are available at Source|