Hedge funds will reorganize following sharp declines last year and into 2009 to emerge stronger and top $2.6 trillion in assets by 2013, predicts The Bank of New York Mellon and Casey Quirk.

The firms believe that hedge funds will bottom out at $1 trillion this year, after which capital appreciation and $800 billion in net inflows will push global levels to $2.6 trillion by 2013.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.