Investors have increased the amount of money in hedge funds by 30 percent in the past 12 months, to $1.37 trillion as of the end of September, according to a survey of 44 fund administrators by HedgeFund Manager magazine.The gain in assets was spread evenly across the world, with 58 percent of the money invested on behalf of U.S. clients, 24 percent for Europeans and 5 percent for Asiancustomers, said Amanda Williams Palmer, an editor at the magazine. Customers had $1.1 trillion invested a year earlier.
Hedge fund assets swell 30% in a year – IHT
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