International Business Times – Trade publication HFN reported that by end of 2010, hedge funds assets under management reached $US2.4 trillion after raking in a total of $US79.5 billion in the last 11 months from metal and emerging market ventures.
Refuelled by investments from insurance companies, pension funds and institutional investors, the hedge fund industry seemed to slowly crawl out of the effects of client withdrawals and intense scrutiny from regulators in the past couple of years.