New York Home To 25% Of $2T Hedge Fund Industry

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.


In Depth

Q&A: Open Season For Closed-End Funds

Aug 29 2014 | 10:00am ET

When Maury Fertig and Bob Huffman, former Salomon Brothers coworkers, launched...

Lifestyle

Och Funds Women In Finance Initiative At U-M

Aug 28 2014 | 3:01pm ET

Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation"...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    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…

 

Futures Magazine

July/August 2014 Cover

The time was right

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 ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.