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Global Hedge Fund Assets Soar

Asset values climbed 17 percent in 2013, reaching record $2.63 trillion.

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Hedge-fund assets increased by 17 percent last year, reaching a record US$2.63 trillion, according to Hedge Fund Research Inc. (HFR).

Global assets rose by $376 billion, including $63.7 billion in net inflows from investors and $312 billion in investment gains, the Chicago-based data provider said in a report today. The fourth quarter was the sixth in a row that the industry saw a growth in assets, it said.

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