Last year was a bumpy year for the hedge fund industry.
And investors increased their allocations towards hedge fund vehicles as volatility returned to markets.
Hedge funds really outperformed in 2020. The average fund returned 18.9% as stock pickers capitalized on rising technologies stock valuations during the second half of the year.
Q4 2021 hedge fund letters, conferences and more
The industry reported yet another strong performance in 2021. The average hedge fund returned 13.7% last year.
AUM Growth
Thanks to this performance, hedge fund assets under management hit a new all-time high during 2021. Assets under management across the industry exceeded $4.3 trillion in the second half of 2021.
According to alternative assets...

