AI market round up: Hedge fund assets near$3.5 trillion

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AI market round up: Hedge fund assets near$3.5 trillion

Asset management research and advisory firm Carbon360 says assets under administration for hedge funds globally are $3.4 trillion. Single-manager assets under administration are $2.72 trillion, the firm claims. The figures were reported in Carbon360’s 2007 fund administration fact book, which analyses 74 hedge fund administrators.

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