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

Latest research from Preqin finds the US hedge fund industry up $150bn year to date

Friday, September 20, 2013

Beverly Chandler, Opalesque London:

New research from Preqin finds that the US-based hedge fund industry has seen assets grow by a significant $150bn in 2013 so far. Their latest research showed that the US hedge fund industry has recovered faster and more strongly than other regions across the globe, and is currently enjoying significant growth in terms of assets under management. The firm writes that although much of this growth can be accounted for by the solid performance of hedge funds in 2013 year to date, they have also witnessed some significant commitments to US-based hedge funds so far this year. "US-based hedge funds account for an overwhelming 73% of total hedge fund industry assets under management" Preqin says.

Other key highlights of the study include:

  • New York and Connecticut are the first and third leading centers for hedge funds globally by total assets under management, with the UK the second largest.
  • US-based funds of hedge funds represent $508bn in assets under management, or 65% of the capital managed by funds of hedge fund globally.
  • 95% of US-based hedge fund industry assets under management is accounted for by the 10 leading states for hedge fund management in the US, which are explored in further detail in Preqin’s report: New York, California, Connecticut, Massachuse tts, Illinois, Texas, New Jersey, Minnesota, Pennsylvania and Florida.
  • In contrast to the US’s growth of......................

    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