Hedge Funds’ Global AUM To Reach $3 Trillion This Year

Hedge funds will pass the $3 trillion mark by the end of this year, according to Deutsche Bank’s 2014 Alternative Investment Survey, which covers more than entities with a combined $1.8 trillion assets under management, more than two-thirds of the entire industry. The survey found that hedge funds ended 2013 with $2.6 trillion global AUM and forecasts $171 billion in net inflows alongside $191 billion in performance gains in 2014, representing returns around 7.3% “Hedge funds continue to establish their growing position within the broader asset management industry, alongside some of the more mainstream asset managers. The hedge fund industry…