02.06.2014 Opalesque Roundup: London and Connecticut compete for hedge funds' #2 spot: hedge fund news, week 23
In the week ending 30 May, 2014, data provider Preqin said 500 of the largest hedge fund managers control 90% of the industry’s assets; London is home to the second highest number of $1bn plus managers (80), although Connecticut is second in terms of capital managed by these firms with a combined total AUM of $400bn; and Myriad Asset is approaching $3bn of assets.

William Ackman is raising bil

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