Fri, Nov 27, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

UK’s largest hedge funds growing bigger, controls 82% of assets

Monday, March 24, 2014

Komfie Manalo, Opalesque Asia:

The U.K. financial services industry regulator Financial Conduct Authority said the nation’s largest hedge funds are getting bigger and now control 82% of assets under management.

In a survey of the U.K.’s largest hedge funds, the FCA said the country’s hedge fund industry manage about $470bn in assets and around 450 of these firms are registered with the FCA. The Bloomberg report added the survey included data from 49 hedge fund firms that manage about $481bn globally and from 106 funds, with $345bn in assets.

FCA head of supervision Clive Adamson said in the report, "With nearly 20 percent of global assets under management here, it is important that people have confidence in how we regulate this market. The challenge from us to the industry is to ensure that it operates to the highest standards of integrity."

The report said the global hedge fund industry is becoming more polarized as smaller players find it difficult to raise capital.

Despite a 12% increase in hedge fund assets to a record $2.62tln in 2013, Chicago-based data provider Hedge Fund Research said liquidations increased to their highest level since 2009 with 90......................

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. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. 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

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November