Sun, Nov 23, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Forensic examination reveals surprising insights into the UK’s hedge fund industry

Friday, December 14, 2012

By Beverly Chandler, Opalesque London:

A new hedge fund research consultancy Hedge Forensics, has published the first of two planned reports covering the UK hedge fund industry.

The UK Hedge Fund Industry Report reveals new insights into the size of the industry and its impact on the UK economy, while the Top 200 Report lists the top 200 hedge fund firms, ranked on a combination of size, profitability, efficiency, balance sheet, pay and growth.

Hedge Forensics’ Crosley Williams explains that these reports have been sourced primarily from UK Companies House filings, with the Hedge Forensics research team scouring over 1000 sets of company accounts to extract the information. The report gives a better picture of profitability on a comparable basis, Williams says. "The task has been complicated by firms changing year-ends, different lengths of accounting periods, different currencies, and most difficult of all, the use of complicated corporate structures, with Limited Liability Partnerships having Limited Service Companies as corporate members – the team has then had to create a pro-forma consolidated set of accounts in order to derive an accurate profit estimate."

Data for the UK industry report has been compiled from an analysis of the top 250 hedge fund firms in London. Williams reports: "They have a combined turnover of over £7bn ($11.28bn) and pretax profits of over £3bn ($4.83bn). They employ 8262 people, a l......................

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. Legal - Hedge fund manager fights £8m tax tribunal ruling[more]

    From FT.com: A hedge fund manager who may have to repay £8m in tax is trying to overturn a tribunal ruling that found he had attempted to shelter millions in an avoidance scheme. Patrick Degorce, chief investment officer at Theleme Partners, lost a tax tribunal case last year. HM Revenue & Customs c

  2. Europe - Hedge funds face exit tax as Iceland central bank discusses plan[more]

    From Bloomberg.com: Hedge funds and other creditors with claims against Iceland’s failed banks face an exit tax as the island looks for ways to unwind capital controls without hurting the economy. The government targets having a plan it can present by year-end that would map out how Iceland will sca

  3. Investing - George Soros puts $500m of his money on Bill Gross, Soros, Paulson backed Hispania Activos mulls Realia takeover, Ex-Credit Suisse trader’s hedge fund sees yen shorts as crowded, Hedge hunters double default-swaps as views split, Large hedge fund positions come under pressure, Vikram Pandit's fund picks 50% stake in JM Financial's realty lending arm for $87m[more]

    George Soros puts $500m of his money on Bill Gross From WSJ.com: Before Bill Gross was fully settled in at his new firm, Janus Capital Group Inc., he received an unlikely visit from the chief investment officer of famed investor George Soros ’s firm, according to a person familiar with t

  4. Opalesque Exclusive: Gray Ghost Ventures aims to make impact investing commercially viable[more]

    Bailey McCann, Opalesque New York: At a time when investing in emerging markets may be falling out of fashion among some investors, Gray Ghost Ventures is confident that great opportunity exists in the emerging markets. The firm may have a unique view into this space as one of the first private

  5. Gross: Inflation is required to pay for prior inflation[more]

    Benedicte Gravrand, Opalesque Geneva: As inflation rises, every dollar will buy a smaller percentage of a good. While deflation will mean a decrease in the general price level of goods and services. These two economic conditions are both in the waiting room. The consensus would like the former to