Hedge fund assets reach $4.3 trillion in Q1, says HFR

NEW YORK (Reuters) – The global hedge fund industry ended the first quarter with $4.3 trillion in assets, a record level, data provider HFR said on Monday.

The industry added $190 billion in assets in the first quarter, it added, driven by the funds’ strong performance in the period.

(Reporting by Carolina Mandl, in New York)