Hedge fund assets under management (AUM) have risen in the second quarter of 2020, said Preqin. In a Q1 2020 rocked by poor performance and significant investor redemptions, industry AUM dipped below $3.5tn for the first time since Q4 2018.

Fast-forward three months and AUM have returned above this threshold to stand at $3.58tn, after a recovery in performance in