Sat, Nov 28, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Concentration of assets in top hedge funds increasing - Professor Naik, London Business School

Tuesday, September 21, 2010

From Kirsten Bischoff, Opalesque New York:

The news that assets are returning to the hedge fund industry has been of little comfort to small and mid-sized fund managers, as many will attest they have seen very little of these inflows. Instead, it has become painfully apparent that hedge fund investors are only looking to allocate to the biggest, most established names in the business. While some may attribute this to a reaction in the aftermath of industry losses in 2008, gated funds, or the unraveling of frauds such as Madoff and Petters, in fact the concentration of assets amongst a small group of fund managers has been snowballing for some time.

Narayan Naik Professor at the London Business School and Director of the Hedge Funds Centre, recently spoke with Matthias Knab of OpalesqueTV about hedge fund industry trends he and his colleagues have tracked in the eight years since they started monitoring the major hedge fund databases.

When we tracked the concentration of assets across fund managers from the year 2000 through December 2009 we found that the concentration was continuing to increase over that time, growing from the top 10% of managers overseeing 75% of the hedge fund industry's assets to the top 10% of managers overseeing 85% of the hedge fund industry's asset......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November