Assets Held By Hedge Funds Reached $3.22 Trillion in 2016
Hedge funds globally held a record $3.22 trillion worth of assets as of end of November 2016, according to Preqin’s 2017 Global Hedge Fund Report. Investors outflows throughout the year hit US$102 billion & at the end of the year, 66% of hedge fund investors said that their portfolios had fallen short of expectations.
“Hedge funds globally held a record $3.22 trillion worth of assets as of end of November 2016.”
However, 2016 was also one of the best performing years since 2013 posting gains of 7.4%. Hedge funds were positive for nine months in 2016 and were able to take advantage of the volatility from Brexit and US presidential elections.
Related Reports: Preqin
The Wealth Insider is the world’s leading wealth intelligence for global wealth managers, investments managers, asset managers, high net-worth service providers and wealthy individuals. Our global workforce seamlessly present the inside news of the most relevant news, insights, global wealth trends, innovation & digital transformation to our global audience.
Get The Wealth Insider Daily
- For Press Release, please contact firstname.lastname@example.org
- For Media-related enquiries, please contact email@example.com
- For Advertisement, please contact our official ad agency