This article is from the source 'independent' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.independent.co.uk/news/business/news/investors-stash-6-trillion-in-hedge-funds-and-pe-9075885.html

The article has changed 2 times. There is an RSS feed of changes available.

Version 0 Version 1
Investors stash $6 trillion in hedge funds and PE Investors stash $6 trillion in hedge funds and PE
(35 minutes later)
The value of assets held by hedge funds, private-equity firms and real-estate fund managers reached $6trn (£3.6trn) last year as investors regained their appetite for risk.The value of assets held by hedge funds, private-equity firms and real-estate fund managers reached $6trn (£3.6trn) last year as investors regained their appetite for risk.
The alternative asset industry grew by $600bn in 2013 and is expected to accelerate even more over the coming months. Figures from the data specialist Preqin revealed assets controlled by hedge funds grew to $2.66trn. The alternative asset industry grew by $600 billion in 2013 and is expected to accelerate even more over the coming months as it continues to recover from the financial crisis.
Figures from data specialist Preqin revealed that the size of assets controlled by hedge funds grew from $2.3 trillion to $2.66 trillion. Meanwhile, assets under management at private equity firms - which were able to take advantage of an improved funding environment - climbed from $3.2 trillion to $3.5 trillion.
Mark O’Hare, chief executive at Preqin, said: “In speaking with investors, we have found that many institutions not only have significant allocations to the private equity, hedge fund and real assets sectors, but many are looking to invest even more capital in these asset classes in the near future.”