Tue, Aug 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

eVestment/HFN Q2 hedge fund administrator survey: European fiscal challenges weighing on otherwise positive year

Wednesday, September 19, 2012

Bailey McCann, Opalesque New York: eVestment|HFN has released the 11th edition of their Hedge Fund Administrator Survey, a semi-annual publication and a measuring stick of the administration industry’s hedge fund and alternatives businesses, including regional representations. Survey data shows that while the year overall has been positive, concerns over Europe still loom large. The survey also found that the trend of consolidation of assets towards the largest hedge fund firms is being mirrored in the alternative administration industry. The consolidation of the administration industry through acquisitions is being driven by economies of scale as regulation and more sophisticated services reduce margins.

Firms were asked to submit total assets under administration (AuA) and the regional breakdown of their hedge fund clients, as well as for funds of hedge funds, hedge fund UCITS structures, hedge fund managed accounts and all other alternative investment structures. Forty-five firms submitted results, including all of the ten largest, which alone account for 85% of total administered hedge fund assets. The survey found that firms reported $2.819tn in single manager hedge fund AuA for 12,130 hedge funds. Citco, State Street and BNY Mellon topped the league tables with a combined $1.3tn in AuA while the top five firms reported $1.8tn in single manager hedge fund AuA.

Single manager hedge fund AuA grew by 5.0% in the first half of 2012, a reversal from the decrease seen ......................

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. Strategies - The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I, Hedge funds get more pushback on terms as enthusiasm for strategy wanes[more]

    The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I From IBTImes.co.uk: To illustrate a strategic gap common to today's portfolio managers, George Sokoloff, PhD, founder and CIO at Carmot Capital, proposes an interesting thought experiment – a breakdown of

  2. Institutional investors - Investors set to increase allocation to private debt, With investment income key, Richmond retirement system faces funding challenges[more]

    Investors set to increase allocation to private debt Investors are set to increase their allocation to private debt, with 60% revealing they believe the private debt market will grow over the next 12 months, according to a new study by Elian, a leading funds services provider. 41%

  3. Investing - Hedge funds snap up banks, unload Apple, Some of hedge funds' favorite stocks are finally starting to beat the market, Einhorn's Greenlight shifts positions, Treasury yield climbs to two-month high as Fischer joins hawks, 9 stocks smart investors put their money in last quarter[more]

    Hedge funds snap up banks, unload Apple From Barrons.com: Prominent hedge funds have a newfound love of big banks, and some have a distaste for shares of Apple, regulatory filings released last week show. The filings suggest that the funds have been pivoting their portfolios in recent mon

  4. Chesapeake energy seeks $1 billion loan to refinance debt[more]

    From Bloomberg.com: Chesapeake Energy Corp. is seeking a $1 billion loan as the company battered by cratering fuel prices and credit downgrades takes a step to address its $9 billion debt load. The natural gas producer hired Goldman Sachs Group Inc., Citigroup Inc. and Mitsubishi UFJ Financial Group

  5. Institutions - Nordic pension funds magnify focus on unlisted and direct investing, building up teams[more]

    From IPE.com: As bond yields remain at low or negative levels, pension funds and other institutional investors in the Nordic region are stepping up efforts to find higher returns by adding more unlisted investments to portfolios and are expanding in-house teams in order to do this, according to new