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September 1, 2005

America's Largest Hedge Funds

From CNN/Money News:

Assets invested keep growing despite a tough year for industry; keeping tabs on $743 billion.
September 1, 2005: 3:15 PM EDT
By Amanda Cantrell, CNN/Money staff writer

NEW YORK (CNN/Money) - Debates about the merits of hedge funds may never end, but one fact remains undisputed: Their coffers are swelling.

In its annual survey of hedge funds with $1 billion or more in assets, the hedge fund industry publication Absolute Return magazine found 196 hedge funds in that group with a combined $743 billion under management -- the vast majority of the industry's estimated $1 trillion in assets.

LINK to rest of article


Posted by Becky at September 1, 2005 5:16 PM Posted to Investments/Finance