Strong performance and inflows push global hedge fund AUM to record $2.41 trillion

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Investor money flows tip global hedge fund assets to $2.41 trillion

Hedge fund fortunes seem to be picking up. Not only are performance figures more positive so far this year, total capital invested globally in hedge funds increased to a record level for the fourth consecutive quarter, according to data from Hedge Fund Research.

The asset growth in the second quarter of 2013 complemented a streak of steady increases in allocated capital despite a surge in financial market volatility.

Total hedge fund capital has hit a record $2.41 trillion following a net total of