Global hedge fund assets have now reached more than $2 trillion, according to newsletter publisher HedgeFund Intelligence. A news release reported a rise in global hedge fund assets from just over $1.5 trillion in January 2006 to $2.08 trillion by January 2007 – a 30% annual growth rate.
There are 105 firms running hedge funds with assets of over $1 billion in Europe and 35 more in Asia, according to the announcement. The net total number of firms in the top hedge fund list is 351 with combined assets of $1.56 trillion