Hedge Fund AUM May To Hit $3 Trillion In 2014: Credit Suisse

About 500 institutional investors who responded to a new survey by Credit Suisse Group AG (ADR) (NYSE:CS) feel that aggregate assets under management by the hedge fund industry could scale nearly $ 3 trillion in 2014. This implies growth in flows during the year, considering both fresh investment and performance gains, of about $300 billion. The globally representative survey which saw participation from respondents in the Americas, Europe, the Middle East, and Africa and Asia, was well-diversified across different investor types. It drew responses from family offices, advisers, pensions, insurance, endowments and institutional Fund of Hedge Funds (FoHFs) that had invested…