Preqin: Hedge Fund AUM Hits All-Time High in 2019
Hedge fund assets under management (AUM) reached an all-time high for the industry by the end of 2019.
A new report by Preqin shows that assets reached $3.66 trillion thanks to strong performance offseting redemptions.
During the fourth quarter, Preqin says that outflows totaled $15.4 million. It was the seventh-straight quarter of outflows.