Hedge fund assets hit record high of $4.5 trillion in October, driven by strong performance.

From Investing.com: 2024-12-01 04:30:00

Hedge fund assets hit a record $4.5 trillion in October, driven by strong performance in various strategies. Equity hedge funds saw a 9.6% gain, while event-driven strategies like distressed credit also performed well. However, Macro strategies faced challenges due to market trend reversals. Analysts predict continued success for certain strategies amid economic and market recoveries.



Read more at Investing.com: Hedge fund assets reached a new high in October: Wells Fargo By Investing.com