Global Hedge Fund AUM Touches $2.3 Trillion

Aided by excellent performance-based gains delivered by hedge fund managers, the global hedge funds’ assets under management hit a new high of $2.3 trillion in 2014, notes a Eurekahedge report. Separately, as we reported earlier, total alternative assets have hit close to $7 trillion according to data from Preqin. In its January 2015 report, Eurekahedge touched upon key trends in global hedge funds industry. Hedge funds: Steady pace of growth in 2014 Tracking the key trends in global hedge funds industry in 2014, the report points out that during 2014, the industry maintained a steady pace of growth building upon…