(Hedgeweek) The US is the dominant component of the global hedge fund community, accounting for 72 per cent of the approximately USD3.1 trillion of global assets under management (AUM), as of 30 June 2016, according to data released by Preqin. Although other regions are emerging as regards hedge fund activity, the US is home to 3,170 of the 5,092 (62 per cent) institutional investors active in hedge funds, and 3,209 of the 5,377 (60 per cent) active hedge fund managers tracked by Preqin.
The US hedge fund industry has also seen strong growth in recent years, increasing by USD13 billion in the first half of 2016 – despite global outflows – and by USD138 billion since the start of 2015. Moreover, in Preqin’s recent survey of over 270 hedge fund managers, notably more US-based managers reported an increase (26 per cent) in the proportion of their AUM allocated by investors than reported a decrease (4 per cent), depicting a positive outlook for the US hedge fund industry.
