Hedge Funds Make Robust Rally in 2004

Date: Thursday, December 16, 2004

The hedge fund industry has experienced exponential growth this year attracting in excess of $100 billion in net assets, according to Tremont Capital Management's TASS Research. According to research findings, during the first, second, and third quarters of this year hedge fund growth has amassed $38.2 billion, $43.3 billion and $25.1 billion respectively. However, the pace of growth slowed during the third quarter. Source- - Financial Planning