Hedge fund assets continued to grow at a healthy clip in 2024 as many funds displayed their strength: capital preservation during bouts of volatility.
According to Charlie McGrath, lead analyst on Preqin’s ‘Global Hedge Fund Report,” hedge fund assets reached $4.88 trillion by the end of September 2024, for an 11.5% annual growth rate. Their three-year annual growth rate stood at 4.1%, while their five-year growth rate was 6.2%.
McGrath said they’re starting to see short spurts of run-ups in assets, although they haven’t really seen any quick drawdowns except in March 2020 during the pandemic and in...
