Finantrix KnowNow

The Top Financial Services Stories you need to Know. Now!

US Hedge Funds assets top US $2.58 trillion


According to Preqin, US Hedge Funds assets top US $2.58 trillion.  As per the report, Public pension funds remain the biggest investors in hedge funds, with $302 billion allocated, Preqin said. This total has continued to increase, despite redemptions from other types of investors. Sovereign wealth funds, insurers, and asset managers have seen their assets in hedge funds drop.

Despite the lackluster performance of the hedge fund sector in the first quarter of 2018, as per Preqin,  “Indications for 2018 are for sustained growth despite lackluster performance.”

 


Read More

2018-08-08T15:56:35+00:00