August 12, 2006

Hedge Fund Assets Rising

The 2006 hedge fund asset flow report released by Tremont Capital Management Inc. revealed that hedge fund assets increased by 4.19% in the second quarter of 2006. It clearly suggests that the hedge fund industry is attracting more assets at a remarkable pace. The current hedge fund asset base is approximately $954 billion. It is important to note that last year, the total hedge fund asset was $705.4 billion. The current trend indicates that hedge fund assets will rise further by giving the investments a tremendous boost.

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