Mega funds managing more than $10bn outperformed smaller peers in 2024, as the largest hedge fund groups proved the value of scale.
New data from PivotalPath, the New York research firm, shows $10bn-plus firms posted average gains of 12.72%. Gains by the multi-strategy heavyweights, several of which manage more than $10bn in their flagships, helped drive strong performance in the largest tier.
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