Mon, Mar 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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He