Mon, Feb 27, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Brevan Howard gains top spot in European hedge fund rankings

Tuesday, November 12, 2013

Beverly Chandler, Opalesque London:

Europe’s hedge funds are uniquely dynamic according to the latest Europe’s Top 50 survey of Europe's hedge funds ranked by assets under management, from the Hedge Fund Journal and Newedge Alternative Investment Solutions.

While the popular theory is that large hedge funds tend to hog the in-flows of assets and just get bigger, this study reveals that the composition of the top 50 European asset managers by funds under management is not constant year on year.

Five managers in the 2012 Europe 50 failed to make the 2013 ranking, with one of them shutting down, and there were six new names in this list for 2013. The authors comment that with only 39 or the 50 in both years’ surveys, is there any other industry where less than 80% of the top 50 players stay the same from one year to the next?

Beyond the five ejections, 16 funds from the 2012 survey experienced absolute declines in assets. And if you calculate in the fact that many had positive performance, net outflows must have been even bigger than the drop in assets. The authors write: "In several cases it seems that managers of latterly unfashionable strategies – such as emerging markets, CTAs, and event-driven – have seen big outflows, even though many of them not only outperformed peers b......................

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. Opalesque Exclusive: Swiss investors take fund seeding and acceleration into their own hands[more]

    Benedicte Gravrand, Opalesque Geneva: Banque Bonhote, a 200-year old Swiss private bank, last year launched a community of investors - heads of Swiss family and advisory offices and wealth managers - with the aim of co-investing in the kind of managers they wanted to invest in, either by way of s

  2. K2 Advisors : Why We Like Activist Hedge Fund Strategies and Some Thoughts on Alpha[more]

    Matthias Knab, Opalesque: Rob Christian, Senior Managing Director, Head of Research K2 Advisors, Franklin Templeton Solutions, writes on Harvest Exchange: When d

  3. Ex-Navy SEAL backed by Mario Gabelli, Jean-Marie Eveillard and other value giants off to strong start[more]

    From Valuewalk.com: Sententia Capital Management is not your average value focused hedge fund. The fund was founded by Michael Zapata, a former Navy Seal Team 6 Officer and has attracted funding from some of the best-known names in the value space. Mario Gabelli, Jean-Marie Eveillard from First Eagl

  4. Europe - 1 trillion euro non-performing loans are clogging EU lending channels[more]

    From Centralbanking.com: As much as 1 trillion euro of non-performing loans (NPLs) are still clogging the lending channel in the European Union. An EU asset management company (AMC) could address market failures in the secondary market for NPLs as part of a suite of measures designed to tackle the b

  5. Investing - Hedge funds' novel approach: investing for longer at lower returns, U.S. hedge fund Delta Partners lifts stake in Bellamy's, Hedge funds stockpile cobalt, electric carmakers on battery alert, Facebook is racking up the likes among the world's biggest hedge funds, Einhorn affirms gold on Trump uncertainty[more]

    Hedge funds' novel approach: investing for longer at lower returns From FNLondon.com: Hedge funds are known for making short-term bets, dipping quickly in and out of markets to take advantage of swings in prices. But, under pressure to innovate, some big-name managers are looking at ways