Tue, Oct 6, 2015
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. Performance - Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in September, Risky strategy sinks small hedge fund[more]

    Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in September From Reuters.com: Billionaire stock pickers David Einhorn, Daniel Loeb and Barry Rosenstein on Wednesday told their wealthy investors they lost money in September as market turmoil inflicted more pain on some of America'

  2. Opalesque Exclusive: IRAs represent billions of untapped capital for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: Retirement accounts might not be the first source that comes to mind for those looking to raise funds, but they may represent billions of untapped capital. Unlike traditional retirement accounts,

  3. Opalesque TV: One way to access market hedge funds in the EU under the AIFMD radar[more]

    Benedicte Gravrand, Opalesque Geneva: While the Cayman Islands, the US and Hong Kong await the pan-European marketing passport to be extended to alternative investment fund

  4. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  5. Vilas’ equity long bias hedge fund generates market-beating results[more]

    Komfie Manalo, Opalesque Asia: The Vilas Fund, an equity long bias fund managed by Chicago, Illinois-based Vilas Capital Management, posted five-year annualized returns, net of fees, of 23.47% vs. 15.87% for the S&P 500 Index, including divid