Tue, Jun 18, 2013
A A A
Welcome Guest
Free Trial RSS
New! Family Office and Investor Database with 11,750 contacts
Alternative Market Briefing

Largest funds continue to dominate hedge fund industry, according to PerTrac’s annual database study
Wednesday, May 02, 2012

Beverly Chandler, Opalesque London: PerTrac has published the latest edition of its annual database study and found that the so-called "billion dollar club" is still the great colossus of the hedge fund world. While single manager hedge funds with greater than $1bn under management account for just 3.9% of reporting hedge funds, they control about 60% of the total single manager hedge fund assets., according to the study.

PerTrac found that 322 single manager hedge funds reported having assets under management of over $1bn in 2011, for a total of $1.08tr in assets under management. The firm says: "Despite their dominance, there was only a 1.40% year-over-year increase in the assets of billion-dollar-plus funds in 2011 based on those that reported their results".

"The flight to size continues for hedge fund investors," said Jed Alpert, Managing Director of Global Marketing at PerTrac. "Investors continue to view larger hedge funds as a better, safer bet even though industry data, including our own, indicates that smaller funds have generally outperformed larger ones."

PerTrac also found that the institutional bias towards size also applied to funds of hedge funds. The number of reporting funds of hedge funds managing greater than $1bn in assets climbed by nearly 18% in 2011 and yet overall, the number of funds of hedge funds declined 4.80% in 2011 to 3,388.

The study also found that single manager ......................

To view our full article Click here
Article link
Banner
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. SWF Institute rankings: total sovereign wealth funds' assets amount to $5,473bn[more]

    Benedicte Gravrand, Opalesque Geneva: - According to the SWF Institute's latest Sovereign Wealth Fund Rankings, the total amount of sovereign wealth funds' asset under management is now $5,473bn, to which oil and gas relate

  2. Mariner’s incubation platform takes on new volatility arbitrage fund[more]

    Benedicte Gravrand, Opalesque Geneva:- Mariner Investment Group, a $10bn alternative asset manager headquartered in New York which launched an

  3. A bad week for Japan[more]

    Benedicte Gravrand, Opalesque Geneva: - The Japanese stock market got inflated by 80% in six months following Shinzo Abe’s appointment as Prime Minister in December 2012. Indeed, Abe almost immediately launched monetary policy, fiscal policy and economic growth strategies (two points of a three-poin

  4. Permal extends relationship with MSCI[more]

    From Thehedgefundjournal.com: Permal Group, the alternative asset managers with approximately $24 billion assets under management, has extended its relationship with MSCI Inc. by adding the majority of managers from its Jubilee product range (formerly Fauchier Partners) to the funds it analyses thro

  5. Forest Legacy Investments, LLC: The HBU component represents a property’s potential for generating value by something other than growing trees. In most cases this value is future conversion to residential or commercial real estate. By selling or donating a conservation easement that conveys future development rights (i.e., restric
Click here for More about Opalesque Tracking
- A new, unique Premium Service -
  1. Carlson
  2. Peak 6
  3. One William Street
  4. Securis
  5. Haymarket
  1. bridgewater
  2. Gold
  3. credit
  4. fund manager
  5. Silver