Monday, 20 October 2014
Last updated 2 min ago
May 13 2011 | 11:31am ET
Bridgewater Associates has again been named the world's largest hedge fund, this time by Institutional Investor magazine.
The Connecticut hedge fund giant holds the top spot in II's 10th annual Hedge Fund 100 ranking with $58.9 billion in assets. It is followed by JPMorgan Asset Management, which, including its Highbridge Capital Management unit, manages $54.2 billion.
Despite its acquisition of GLG Partners last year, the Man Group had to settle for third place: By II's calculations, Man Investments has just $40.6 billion in assets under management.
Paulson & Co. ($35.9 billion) and Brevan Howard Asset Management ($32 billion) rounded out the top five.
The 100 largest hedge funds in the world managed $1.21 trillion, 12% more than the group managed a year ago. And the top five manage a combined $221.6 billion—almost as much as the top 100 managed 10 years ago.
The Hedge Fund 25
|1||Bridgewater Associates||$58.9 billion|
|2||JPMorgan Asset Management||$54.2 billion|
|3||Man Investments||$40.6 billion|
|4||Paulson & Co.||$35.9 billion|
|5||Brevan Howard Asset Management||$32.0 billion|
|6||Soros Fund Management||$27.9 billion|
|7||Och-Ziff Capital Management||$27.6 billion|
|9||BlueCrest Capital Management||$24.5 billion|
|10||Angelo Gordon & Co.||$23.6 billion|
|11||Baupost Group||$23.4 billion|
|12||Farallon Capital Management||$21.5 billion|
|13||King Street Capital||$19.9 billion|
|14||Goldman Sachs Asset Management||$19.8 billion|
|15||Avenue Capital Group||$18.3 billion|
|16||Winton Management||$17.8 billion|
|17||Renaissance Technologies||$17.0 billion|
|18||Elliott Management||$16.8 billion|
|19||AQR Capital Management||$16.7 billion|
|20||Lansdowne Partners||$16.1 billion|
|21||D.E. Shaw Group||$15.6 billion|
|22||Davidson Kempner Capital Management||$15.3 billion|
|23||Appaloosa Management||$15.0 billion|
|23||Moore Capital Management||$15.0 billion|
|25||ESL Investments||$14.0 billion|
Source: Institutional Investor magazine
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...