Hedge funds are on the rise and making it into the mainstream, according to the latest survey from the Hennessee Hedge Fund Advisory Group. The 11th annual Hennessee Hedge Fund Manager Survey found that hedge fund assets have soared 27% in just one year, from $795 billion to more than $1 trillion.

Most of that growth came from new money (17%), while positive performance also played a significant role (10%). In addition, the number of offerings went up 15%, from 7,000 to 8,050.

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.