Saturday, 20 September 2014
Last updated 1 day ago
May 31 2013 | 11:31am ET
The oldest, largest hedge funds continue to manage the lion's share of the industry's assets, according to a new report.
The top 100 hedge fund managers run $1.4 trillion, according to Preqin's Hedge Fund Spotlight. That's 61% of the global total of $2.3 trillion.
And those firms are also significantly more well-established than the industry as a whole, with a mean founding year of 1994, compared to 2002 for all other managers.
The mean asset level for the top 100 is $13.9 billion; the 17 largest each manage in excess of $20 billion.
Also remaining true: The U.S. is still by far the world's major hedge fund center, with three-quarters of the largest 100 based there. Just 19% are based in Europe.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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