Forty-three percent of hedge fund-of-funds managers said their assets under management increased in 2014, according to Preqin’s latest hedge fund spotlight report. That figure is up from 39% of respondents in 2013 and is the largest proportion of managers reporting an increase in assets since 2007-2008.
Twenty-eight percent of managers said they saw their assets decrease in 2014, down from 39% in 2013 and 40% in 2012. That figure topped out in 2008-2009 when 43% of managers reported a decrease in assets under management.
