Thu, May 26, 2016
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. Paul Tudor’s hedge fund trims fee amidst poor performance, keep investors[more]

    Komfie Manalo, Opalesque Asia: Paul Tudor’s $11.6bn hedge fund firm Tudor Investment Corp. announced on Monday it would slash down fees of one of its biggest fund to 2.25% of assets and 25% of profits amidst backlash arising from poor performa

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. Performance - Hedge fund ETFs take a battering, Have long-short credit funds delivered?[more]

    Hedge fund ETFs take a battering From ETFStrategy.co.uk: It was a blow for the hedge fund world when Hillary Clinton’s son-in-law Marc Mezvinsky announced he would be closing his Greek-focused fund after it plummeted in value by 90%, just two years after it launched. For passive investor

  4. West Virginia objects to Alpha Natural sale to hedge fund[more]

    From AP/Heraldcourier.com: West Virginia's environmental authority has filed an objection to the proposed $500 million sale of Alpha Natural Resources' assets to a hedge fund, arguing that the deal could leave the state holding hundreds of millions in reclamation liabilities. The Register-Hera

  5. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America