Hedge fund assets hit $2.4 trillion — Hedge Fund Research

Hedge fund assets hit $2.4 trillion — Hedge Fund Research

Hedge funds toppled another record high point when industry assets totaled $2.4 trillion as of June 30.

Aggregate hedge fund assets were up 1.2% from March 31, 7.2% from Dec. 31 and 20.3% from Dec. 31, 2011, according to Hedge Fund Research’s second-quarter 2013 asset flows report.

Hedge fund industrywide assets have been climbing every year after hitting a nadir of $1.4 trillion at the end of 2008, HFR reported.

Net inflows in the second quarter were $14.5 billion and $15.2 billion in the second quarter. Midyear total net inflows of $29.7 billion were higher than first-half net inflows in 2012 of $20.4 billion.

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