Hedge fund assets grow in second quarter

Hedge fund assets increased 4.41% globally in the second quarter to $2.973 trillion, despite the dollar amount of fund liquidations during the quarter surpassing new fund launches by $8.52bn, according to a new report.

Investors allocated $34.21bn to hedge funds in the quarter and performance gains added a further $91.28bn to total assets, according to HedgeFund.net's research.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump