Wednesday, 30 July 2014
Last updated 55 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
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…