kaal:claim:2748096-004

Hedge fund assets under management grew from $118 billion at the end of 1997 to more than $2.7 trillion by the end of 2014, a compound annual growth rate of 19 percent.

Source quote, verbatim

assets under management (AUM) at hedge funds grew from $118 billion at the end of 1997 to more than $2.7 trillion by the end of 2014 (BarclayHedge 2016). This change represents a compound annual growth of 19 percent.

From

Wulf A. Kaal, Timothy A. Krause, Hedge Funds and Systemic Risk (2016), THE DEBATE ON HEDGE FUNDS' SYSTEMIC RISK, p. 3
https://ssrn.com/abstract=2748096 · source PDF

Cite as

Wulf A. Kaal, Timothy A. Krause, Hedge Funds and Systemic Risk (2016). SSRN: https://ssrn.com/abstract=2748096

Holds when

global hedge fund industry, 1997 to 2014
BarclayHedge data

Classification

empiricalsupport: evidencedprivate-fundsempirical-evidence

Verify

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