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Hedge Fund Assets Reach $2 Trillion Worldwide

Global assets controlled by hedge funds have reached $2 trillion, an increase of about 18% since April. The figure is based on a bi-annual survey from trade publication HFM Week of 57 hedge fund administrators that service the vast majority of the world's hedge funds.

Hedge funds-of-funds account for nearly half of the assets, or $954 billion, a 20% growth rate since April. Growth in the past year was 53%.

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