Man Reclaims Top Spot Among Largest European Hedge Funds

Aug 1 2011 | 1:47pm ET

The Man Group is back on top of the list of Europe's largest hedge fund managers.

The London-based firm manages some US$34.1 billion, according to the Hedge Fund Journal's sixth-annual ranking of the top 50 European hedge funds, thanks to its acquisition of GLG Partners last year.

Despite that huge deal, Man took first only by a hair: BlackRock's single-manager hedge fund and UCITS-compliant fund assets totaled US$34 billion. That was followed by Brevan Howard Asset Management, Europe's biggest hedge fund in 2009 and last year, with US$32.1 billion.

BlueCrest Capital Management held on to fourth place with US$26.8 billion, a 31% increase year-on-year. Winton Capital did even better to rise to fifth place, with assets jumping 64% to US$22.4 billion.

All told, Europe's five biggest hedge funds manage 40% of the top 50's total assets and together manage 38% more than the top five last year. By contrast, the bottom 10 firms in the ranking saw their assets rise just 6% to a combined US$15 billion.

All told, the Europe50 manage US$374 billion, up 26% from last year and breaking the combined assets record set in 2008.

The Europe50 survey was conducted in conjunction with Newedge.


In Depth

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note