Saturday, 29 November 2014
Last updated 21 hours ago
Mar 26 2008 | 2:00am ET
New York remains the capital of the burgeoning global hedge fund industry, according to a new report.
Credit Agricole Structured Asset Management’s 2007 Industry Report said that, though most hedge funds are domiciled abroad, 60% are based in the U.S. New York alone boasts the principal operations of 25% of the world’s almost 10,000 hedge funds.
As of the end of last year, hedge funds managed $2.16 trillion, according to CASAM. Long/short equity is by far the largest strategy, with more than twice the assets of its nearest competitor. The strategy manages $568 billion, compared to $245 billion for event-driven multi-strategy funds and $221 billion for global macro funds.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...