Tuesday, 2 September 2014
Last updated 4 hours ago
Feb 18 2014 | 11:13am ET
Brevan Howard Asset Management remains the most profitable European hedge fund in history, according to new rankings from LCH Investments.
Brevan's flagship fund has generated US$17 billion in gains for investors since its debut 11 years ago, more than any other European hedge fund. The firm, which also won the top spot for 2012, the first time LCH published a ranking of European hedge funds, retained the top spot in spite of returning just 2.6% last year.
The second-place hedge fund, Lansdowne Partners, has earned clients less than half Brevan's total since inception, US$8.2 billion. The firm beat out last year's number two, Egerton Capital, which has generated US$8.1 billion in gains during its lifetime, including US$2.8 billion last year.
The Children's Investment Fund rode a 47% return last year—generating US$2.4 billion in gains—to fourth place, with US$6.7 billion in gains since its launch 10 years ago. Marshall Wace Asset Management broke into the top five last year with gains of US$1.4 billion.
LCH said last week that Soros Fund Management's Quantum Endowment Fund has earned more for clients than any other hedge fund in history, with $39.6 billion in profits over the past 40 years.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...