Hedge funds assets under management (AUM) grew to just shy of $4tn in Q4 2020, mainly driven by performance, said Preqin in its Fact Sheet.

AUM also rose $299bn from the end of Q3, marking 9.3% growth since the end of 2019 and reaching an all-time high of $3,995bn AUM also rose, to reach an all-time high of $3.995bn, it said.

The second consecutive quarter of