Friday, 25 July 2014
Last updated 8 min 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.
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…