Wed, Jul 30, 2014
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 manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  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 Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  4. The Big Picture: Charlemagne Capital smoothes risk out of frontier market investing with portfolio approach[more]

    Benedicte Gravrand, Opalesque Geneva: Opalesque recently talked to one of the portfolio managers of the Oaks funds, which are emerging and frontier market hedge funds focusing on equity long/short with a directional approach. They are run by

  5. Winton’s low-cost equities fund tops $1bn for first time[more]

    From FT.com: Winton, the London-based hedge fund, has increased the assets in its low-cost equities fund to more than $1bn for the first time in a sign that traditional stock managers may come under increasing pressure from computer-driven rivals. Winton, which manages about $25bn in total ass