Hedge fund flows on pace to nearly double 2012

According to HFR, hedge funds had net inflows of $29.7 billion during the first half of 2013, putting them on pace to nearly double the $34.4 billion of inflows in 2012. Net inflows hit a post-financial crisis high in 2011 with $70.6 billion and have a long way to go to catch the record $194.5 billion in net inflows in 2007. Total hedge fund assets stood at $2.4 trillion at the end of Q2 2013.