Winton Claims Lion’s Share Of 2011 Hedge Fund Inflows

Nov 21 2011 | 11:59am ET

David Harding’s London-based Winton Capital Management has been on the receiving end of more than a tenth of the money flowing into hedge funds in 2011, a year that saw a few managers dominate.

The $26 billion firm had added a net $7.3 billion to its assets under management as of October 31, reports Bloomberg, citing two investors who preferred not to be identified.

Winton is one of eight funds that accounted for a third of all new money poured into hedge funds this year, says Bloomberg. In addition to Winton, they are Millennium Management, Capula Investment Management, Saba Capital Management, DE Shaw & Co., Och-Ziff Capital Management Group and BlueMountain Capital Management.

Hedge Fund Research says net deposits in hedge funds this year totaled of $70.7 billion—or 3.6% of industry assets.

The eight top funds represent less than 1% of the 2,600 hedge fund managers operating globally. They are benefiting, say analysts, from increased allocations by pension funds and who like recognizable names.

“You don’t see that much creativity amongst pensions or their consultants,” Brad Balter, head of Boston-based Balter Capital Management, told Bloomberg. “What you do see is brand names.”


In Depth

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note