Fri, Jul 25, 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

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. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  3. Opalesque Exclusive: Loeb, Grantham cite growing economic concerns in letters[more]

    Bailey McCann, Opalesque New York: Hedge fund manager Daniel Loeb, head of Third Point, and Jeremy Grantham of Grantham, Mayo, Van Otterloo & Co. have both released their quarterly investor letters today. While news is positive on some fronts, and both men see pockets of opportunity, they also h

  4. Investing – Hedge funds expect Netflix earnings to catapult forward, Third Point's Loeb takes stakes in Fibra Uno, YPF, Royal DSM, Lake Capital in talks to back Engine Group[more]

    Hedge funds expect Netflix earnings to catapult forward From Investing.com: Netflix has made major strides forward in 2014 despite ongoing battles with the FCC and cable companies over the issue of net neutrality. The FCC has now received over 500,000 comments from the public on its pend

  5. Opalesque Roundtable: European family offices struggle to retain their investments in offshore hedge funds[more]

    Komfie Manalo, Opalesque Asia: The European Union’s Alternative Investment Fund Managers Directive (AIFMD) will constrain investment opportunities amidst concern a number of U.S. fund managers will stop marketing their products in the European Union under the new rule, said Valentin Bohländer fro