Hedge Fund AUM To Double In Next Four Years: Citi

One of the surest signs that the role of the hedge fund industry has changed since the financial crisis was that inflows continued throughout and following the 2013 equity bull market that left most hedge funds in the dust. Having seen traditional 60/40 portfolios fall apart during the crisis has caused institutional investors to value more than just returns. By 2018, Citi expects hedge funds to have more than $4.8 trillion global assets under management, 80% more than the end of last year, but the mix of investors and the role that hedge funds play in their portfolios will continue…