IOSCO: hedge fund assets up a third 15 December 2015New York Reporter: Drew Nicol
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Hedge fund assets under management (AUM) have increased by 34 percent in three years, according to an International Organization of Securities Commissions (IOSCO) survey.
The value of hedge fund AUM has shot up to $2.6 trillion from $1.7 trillion since the last survey was taken in 2012.
Most of this growth can be attributed to changes in asset values, net inflows and fund structures. Some of this growth also reflects more widespread and accurate reporting across participating jurisdictions, according to IOSCO.
The third IOSCO hedge fund survey captured data from 1,486 qualifying funds, an increase of 42 percent from the 1,044 funds that participated in the previous survey.
The latest survey is part of IOSCO’s efforts to support the G20 initiative to mitigate risk associated with hedge funds.
The survey also highlighted other features of the hedge fund industry such as the Cayman Islands continuing to be the tax domicile of choice.
It also noted that equity-based strategies remain the most popular among hedge funds.
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