Tue, Oct 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge fund administrators continue to consolidate - eVestment

Wednesday, March 27, 2013

Bailey McCann, Opalesque New York: Consolidation among the largest administrators continues, driven by regulation, demand for more sophisticated services, and the rise of direct institutional investment in hedge funds according to the 12th annual Q4 Hedge Fund Administrator Survey, conducted by eVestment. The survey is a semi-annual publication and a measuring stick of the administration industry’s hedge fund and alternatives businesses, including regional representations. Firms were asked to submit total and region specific assets under administration across single manager hedge funds, funds of hedge funds, managed accounts, UCITS compliant hedge funds and other alternatives.

The survey includes 37 firms with $2.931tn in single manager hedge fund assets under administration (AUA), among 9,379 hedge funds.

State Street, Citco and BNY Mellon topped the league tables with a combined $1.487tn in AUA while the top five firms reported $2.025tn in single manager hedge fund AUA. Single manager hedge fund AUA grew by 5.6% in the second half of 2012, a continuation of the increase in AUA seen in the prior survey. Fund of hedge funds AUA growth lagged again compared to hedge fund AUA growth with administrators posting an aggregate 1.3% increase in the space.

In terms of strategies, equity strategies suffered outflows estimated to be $26.95bn over the cou......................

To view our full article Click here

Banner

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. Opalesque Exclusive: What's next for trend followers?[more]

    Bailey McCann, Opalesque New York: New research out from Ibbotson touches on a key debate happening among investors and fund managers, specifically whether long term trend followers can survive in the new

  2. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  3. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  4. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  5. Sparx optimistic about outlook for Japan[more]

    Benedicte Gravrand, Opalesque Geneva: According to SPARX, there are causes to be optimistic about the outlook for the Japanese market and the country's economy in general. Sparx Asset Management is a Tokyo-based asset manager, part of