During the first quarter of 2014, investors continued to pour money into hedge funds resulting in an industry wide record of assets under management. Assets under management for the industry now stands at $2.7 trillion, which is almost double the amount the industry experienced in 2008. I think this shows the power of persuasion that the industry has over high net worth individuals. In 2013, the average hedge fund returned 9% while the S&P 500 gained 32 %, dividends included....
Published on April 22, 2014 07:57