Wed, Nov 25, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

HFI finds global hedge fund assets close to pre-crisis peak with large firms getting larger

Monday, October 07, 2013

Beverly Chandler, Opalesque London:

The Autumn report of Hedge Fund Intelligence’s bi-annual Global Review finds that global hedge fund assets are closing in on $2.35tln as big firms drive growth. Overall assets are up 9% year on year from June 2012, with North America continuing to dominate accounting for 73% of the global industry. The strong recovery means that the hedge fund sector is now within 10% of its pre-crisis peak on the back of the largest hedge funds benefiting from bullish financial markets.

HedgeFund Intelligence reports that assets in hedge funds of traditional types – which are mostly domiciled offshore or structured as limited partnerships in the US – reached $2.337tln (including parallel onshore versions) at the end of June this year. The firm writes that this represents an increase of just over 6% compared with the corresponding figure of $2.208tln as at the end of 2012 – and is up by almost 9% from a year ago, when assets stood at $2.147tln at the end of June 2012.

"If other hedge fund strategies in standalone European UCITS onshore structures (with no parallel offshore versions) are also added, the global industry assets total rises to $2.456tln as at the mid-point of 2013 – up from $2.339tln at the start of the year" the report says. The bulk of the industry’s total assets are concentrated in funds managed from North America – which accounted for $1.697tln in assets at the en......................

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 - BlackRock targets ETF investors with flexible currency hedging, Nelson Peltz bets on General Electric Company and Mondelez International, Apple plummets to 4th place among hedge holdings, from No. 1, Top Q3 equity purchases and sales of top 50 hedge funds[more]

    BlackRock targets ETF investors with flexible currency hedging From BlackRock Inc., the world’s largest asset manager, is changing course on exchange-traded funds that protect against currency volatility. After stressing the easy switch between hedged and unhedged ET

  2. Chicago-based Achievement A. M. is shutting down hedge fund following losses[more]

    Komfie Manalo, Opalesque Asia for New Managers: Achievement Asset Management, a Chicago-based hedge fund firm, has announced it is closing down its hedge fund operation following losses on energy market bets this ye

  3. Lyxor Hedge Fund Index up 0.1% (+0.4% YTD) as global macro and CTAs outperform[more]

    Komfie Manalo, Opalesque Asia for New Managers: Global macro and CTAs outperformed the hedge fund space and delivered positive returns last week amidst difficult market conditions, with the Lyxor Hedge Fund Index up

  4. BlackRock is shutting down its Global Ascent macro fund[more]

    Komfie Manalo, Opalesque Asia: BlackRock, the world’s largest asset manager, has announced plans to shut down a macro fund, Global Ascent Fund, because of "headwinds facing the industry". The hedge fund, which makes bets on stock, bond and currency markets, will return money to investors. Ac

  5. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the