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Hedge Fund Assets May Rise 14% in 2010 as Rules Buoy Confidence

Date: Wednesday, February 24, 2010
Author: Bloomberg

Hedge fund assets may climb 14 percent this year as proposed regulations ease the concerns of risk-averse investors, according to Eurekahedge Pte.

Assets may reach $1.68 trillion by the end of the year, compared with about $1.48 trillion in 2009 when managers posted their best annual performance in six years, according to the Singapore-based industry researcher.