Financial Standard – It will take the global hedge fund sector another four years to recover assets lost since 2007, but its year-on-year growth will be faster than that of the managed fund sector, new research shows.
According to Cerulli Edge, global hedge fund assets will grow at a 12.1 per cent compound rate each year between 2009 and 2013.
By 2013, the sector will be back to 2007 levels of US$2.9 trillion. Last year, the sector shrunk to US$1.9 trillion last year versus US$2.9 trillion in 2007.