Tue, Sep 16, 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

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. Investing - Big hedge funds show interest in Alibaba, Maglan joins other hedge funds in rush to Argentinian assets[more]

    Big hedge funds show interest in Alibaba From Hereisthecity.com: …Three other major hedge fund investors who have shown interest in the IPO are Dan Loeb of Third Point, David Tepper of Appaloosa Management and Dan Benton of Andor Capital Management. All three were among the roughly 800 p

  2. Investors looking at other sources for hedge fund-like returns[more]

    Komfie Manalo, Opalesque Asia: Investors who are always on the lookout for higher gains are looking at alternative sources of income, particularly exchange-traded fund industry that generates hedge fund-like returns, according to

  3. SEC charges Minnesota hedge fund manager with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has brought charges against Minneapolis-based hedge fund manager, Steven R. Markusen for bilking investors out of fees and portfolio pumping. According to the complaint, the management fees earned by Archer Advisors LLC were shrinking due to the funds’ w

  4. …And Finally – Immature[more]

    From Newsoftheweird.com: Princeton University professor John Mulvey, 67 (who teaches financial engineering applications), was charged in July with stealing 21 yard signs around the town of Princeton -- signs for a computer repair business owned by a man with whom he was feuding. Nathan McCoy,

  5. Investors move capital out of Scotland ahead of referendum[more]

    Benedicte Gravrand, Opalesque Geneva: Ahead of Scotland’s independence referendum on September 18, asset managers, investors and pension savers are moving billions of pounds out of the country,