Institutional CEO – Hedge fund net assets have reached a record level of $2.04 trillion, according to data from Hedge Fund Research (HFR).
Meanwhile, the firm found that investors put $30 billion in new money into hedge funds during the second quarter, down slightly from the $32 billion they added in the first quarter. The firm also noted that inflows in the first half of 2011 were in excess of $62 billion.