JPMorgan Keeps Top Spot Among Biggest Hedge Fund Managers

JPMorgan Chase remains the largest hedge fund manager in the world, according to Pensions & Investments.

The firm managed a total of $53.5 billion at the end of last year. That’s 18.9% more than it managed at the end of 2007, the last time the P&I rankings of hedge funds with at least $20 billion in assets came out. Bridgewater Associates also held its own, retaining second place with $43.6 billion, 21% more than two years ago. Paulson & Co. leapt from eighth to third, as its assets rose 10%.