Sun, Aug 30, 2015
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. Investing - Hedge funds suddenly find real money is back in Argentina's debt, Elon Musk buys more SolarCity stock following hedge fund manager short, BlackRock plans to get into rental-home financing[more]

    Hedge funds suddenly find real money is back in Argentina's debt From Bloomberg.com: The real money is back in Argentina. Before the country’s default in July 2014 (its second in 13 years), most long-term investors abandoned its bond market. As they rushed out, Argentina became a favorit

  2. Activist News - Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping, Meet Europe's best activist investor[more]

    Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping From Businessinsider.com: Carl Icahn has picked his next target: Freeport-McMoRan. Icahn and a group of other investors have snapped up an 8.46% stake in mining company Freeport-McMoRan, according to a j

  3. North America - Hedge fund manager Ray Dalio’s challenge to the Fed[more]

    From Newyorker.com: For some reason, Janet Yellen, the chair of the Federal Reserve, decided to skip this year’s annual Fed conference in Jackson Hole, where monetary policymakers from the United States and abroad get together with some prominent academics to discuss the big issues of the moment. Th

  4. Opalesque Exclusive: Credit-focused hedge fund Numen Capital expects more volatility in Europe in coming months[more]

    Benedicte Gravrand, Opalesque Geneva: A London-based hedge fund, which has just hired two emerging managers, is cautious on Europe. Vassilis Paschopoulos and former Lehman’s colleague Nikos Kargadouris, launched a London-based credit-focused hedge fund called

  5. Performance - Hedge funds bruised by stocks’ meltdown, Capstone’s volatility hedge fund is having a monster month thanks to market mayhem[more]

    Hedge funds bruised by stocks’ meltdown From WSJ.com: Hedge-fund managers like to promise their investors protection from market swings. In the recent stock swoon, many were caught off guard. Billionaire managers such as Leon Cooperman, Raymond Dalio and Daniel Loeb are deeply in the red

 

banner