26.06.2014 - Everybody Loves Hedge Funds, Assets Hit Record $3 Trillion
Love Ďem or hate Ďem, the world of hedge funds is only getting bigger. The industry saw assets surpass $3 trillion in May for the first time ever. Thatís according to hedge fund database, eVestment, which notes the new record exceeds the asset peak from 2008. Itís been a particularly strong year for hedge funds. In May alone, $22 billion of new capital was added bringing year-to-date flows to $93.3 billion. Thatís the strongest start to a year since 2007...............................................Full Article: Source
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