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.”
~ Preqin
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
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