Wed, Aug 16, 2017
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

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. Other Voices: Crisis risk offset; about time?[more]

    This article was authored by Russell Barlow, global head of hedge fund solutions at London-based Aberdeen Asset Management. Like the ubiquitous force of gravity, when financial markets rise they must fall. The quest

  2. Comment: "Long-Term Investing": What managing drawdown risk can do to your long-term returns[more]

    Matthias Knab, Opalesque: Real Investment Advice writes on Harvest Exchange: Last week, I was having lunch with a prospective portfolio management client discussing the curre

  3. Jasper Capital International joins Hedge Fund Standards Board[more]

    Komfie Manalo, Opalesque Asia: Diversified and systematic investment firm Jasper Capital International has become the second China-based signatory to the Hedge Fund Standards Board (HFSB), an organization that brings hedge fund managers and investors together to set standards for the hedge fund i

  4. Opalesque Exclusive: Albright Capital puts a value lens on emerging markets[more]

    Bailey McCann, Opalesque New York: Over the past decade, investors have steadily increased investments in emerging markets private funds. Allocations to the cohort have increased from $93 billion in December 2006 to $564 billion in September 2016, according to data from research firm Preqin. Howe

  5. Investing - Hedge-fund honchos including David Tepper are loading up on Alibaba, Billionaire hedge fund manager Stanley Druckenmiller is betting big on the Chinese consumer, Big-name U.S. hedge funds shed healthcare stocks during the rally in second-quarter, U.S. hedge funds bearish on FAANG stocks in second-quarter, Hedge fund titan Viking Global made a $680 million bet on scandal-plagued Wells Fargo[more]

    Hedge-fund honchos including David Tepper are loading up on Alibaba From CNBC.com: David Tepper's Appaloosa Management and three other he ge funds took new stakes in Chinese e-commerce giant Alibaba in the second quarter, according to the latest quarterly filings. Appaloosa disclos