Brevan Replaces Man As Europe's Biggest HF

Nov 11 2013 | 3:41pm ET

Brevan Howard has surpassed the Man Group as Europe's largest hedge fund manager.

Brevan topped the Hedge Fund Journal's Europe50 listings with assets under management of $40 billion, as of end-September 2013, to the Man Group's $35.6 billion.

BlueCrest Capital Management took third place, with AUM of $34.22 billion; Blackrock was fourth with $28.7 billion; and Winton Capital Management fifth, with $24.8 billion.

Rounding out the top 10 were GAM Holding ($24.1 billion), Brummer and Partners ($16.2 billion), Amundi ($12.45 billion), Lansdowne Partners ($12.32 billion) and Marshall Wace ($10.74 billion).

Founded by Alan Howard in 2002, Brevan Howard has moved up a notch from 2012, when it placed second in the overall listings.

According to HFJ, Europe’s top 50 hedge fund managers together manage assets worth $404.84 billion. The average firm runs $8.1 billion, the median firm runs $5 billion, and don't expect to be included on the list if you don't manage at least $1.5 billion.


In Depth

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of