AIMA: Hedge Funds Manage Mostly Institutional Money

Mar 4 2009 | 12:41pm ET

The majority of hedge fund and fund of hedge funds assets globally are from institutional investors, and one-third of those assets now come from pension funds, according the Alternative Investment Management Association.

Traditionally, high-net worth individuals accounted for most of the assets managed by the hedge fund industry, but, according to Tom Kehoe, research manager at AIMA, institutional investors have been steadily increasing in significance in recent years.

“And we think they now account for an absolute majority of AUM. Pension funds account for about a third of that, or one-sixth overall. These figures are estimates, but they are informed by all the data at our disposal,” he said.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

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

Maglan Capital: Some Lessons Learned From Puerto Rico

Jul 13 2017 | 8:00pm ET

Although Maglan Capital has not been invested in Puerto Rico for more than three...

 

From the current issue of