Hedge Funds at $700 Billion

[waggie945]

In 2003, hedge-funds drew in 4 times the amount of fresh capital than in any other year recorded for the Hedge Fund Industry with a total of $16 billion dollars going into the funds for the year.

Clients continue to seek a division of Alpha and Beta.

Back in 1954, the equity mutual fund business had $400 million in assets. Today, it has roughly $7 Trillion.

 

[waggie945]

Hedge Fund Assets are now around $700 billion.

 

[Winston]

where'd you get the info, respectfully?

 

[waggie945]

The above figures come from a friend of mine that is a senior partner at First Quadrant in Pasadena, CA.

They manage $23 billion in tactical asset-allocation.

www.hedgeworld.com

 

[mind]

there is probably significantly more in the industry. many funds refuse to be listed anywhere. usually big boys.

 

[waggie945]

7,000 Funds and $700 Billion in Assets:

Long/Short Equity

Event Driven - M/A

Global Macro

Most likely will see a re-allocation out of the U.S. markets and into overseas markets in Global Macro.