Global hedge fund industry assets rose by a record $409.3bn in the second quarter to reach $5.6tn, as strong investment performance and continued investor inflows drove the sector’s 15th consecutive quarterly expansion, according to HFR.
The increase was the largest quarterly rise in the industry’s history, surpassing the previous record of $290.4bn set in the fourth quarter of 2020.
Performance gains accounted for an estimated $364bn of the increase, while net investor inflows contributed a fur...
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