Hedge Funds Hit Record $2.7 Trillion in Assets

Banking, finance, and taxes

Published: April 21, 2014 3:12 pm

Last Updated: April 21, 2014 3:17 pm

Hedge Funds may not be getting the stellar performance that many investors were accustomed to when this was an obscure industry, but it turns out that they are still at record asset levels. The group Hedge Fund Research has issued a report for the first quarter of 2014 showing that hedge fund assets have reached the $2.7 trillion mark.

Monday’s report showed that investors have now allocated the most new capital to hedge fund managers since the second quarter of 2011. Investors allocated $26.3 billion of new capital to the industry. The HFRI Fund Weighted Composite Index rose by 1.1 percent in the first quarter.

The news now makes this last quarter the seventh consecutive quarterly record. Be advised that this $2.7 trillion is for the global hedge fund measurement rather than just in the United States.

HFR’s Global Hedge Fund Industry Report signaled that the first quarter inflows of $26.3 billion was the largest since the $32.5 billion allocated in the second quarter of 2011. Hedged equity and activist fund spiked, with macro-funds falling.

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To put this in perspective, Fidelity recently showed that its assets under management were $2.0 trillion a the end of February. Vanguard managed more than $2.55 trillion in U.S. mutual fund assets at the end of March.

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