{"id":18886,"date":"2011-05-08T12:46:00","date_gmt":"2011-05-08T10:46:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/top-20-largest-hedge-funds\/"},"modified":"2011-05-08T12:46:00","modified_gmt":"2011-05-08T10:46:00","slug":"top-20-largest-hedge-funds","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/top-20-largest-hedge-funds\/","title":{"rendered":"Top 20 largest hedge funds"},"content":{"rendered":"<p class=\"post_excerpt\">The ranking were done according to data compiled by Bloomberg as of April 7. The largest 20 hedge funds\u2019 assets account for more than a quarter of an overall industry that is selectively recovering. <\/p>\n<p><!--more--><br \/>\nAs expected, the vast majority of these asset managers are based in the United States. Europe tops the list with the $69 billion <em>Man Group<\/em>. Note that this Man&#8217;s ranking relies more on an external growth through last october acquisition of GLG Parners rather than a strong organic growth.<\/p>\n<p>Despite an overall decline in assets, there are still some quantitative asset managers in well positionned. <em>Renaissance Technologies<\/em> (19th with $17.1 billion), <em>Winton Capital Management<\/em> (15th with $ 20 billion), or <em>Highbridge Capital Management<\/em> (9th with $25 billion) are all in the top 20.<\/p>\n<p>The total size of the hedge fund industry exceeded $2 trillion, helped by pension funds investments. According to Bloomberg, The largest 20 hedge funds\u2019 assets rose 10 percent in six months, in a context of new investments primarily allocated to the &#8220;large&#8221; funds, as shown by a Hedge Fund Research&#8217;s study which estimates that 51 per cent of new investment have been allocated to funds with more than $ 5 billion in assets. HFR provided another significant qualitative data: about 70% of the increase in assets over the first quarter is linked to performances and 30% to new subscriptions.<\/p>\n<p>What about the  industry in France? It is not easy to provide figures. The perception of hedge funds is still very negative and long is the way, as reported in a study by Reinhold &#038; Partners. Some players emerge as leaders: These include the $3.6 billion hedge fund <em>Capital Fund Management<\/em> exclusively focused on quantitative systematic strategies. With its recent acquisitions (AAAm and Hermitage), <em>Nexar Capital<\/em> manages roughly the same size of assets.<\/p>\n<h2>Bloomberg top 20 largest hedge funds<\/h2>\n<table>\n<tbody>\n<tr class='row_even'>\n<td>Rank<\/td>\n<td>Firm\/Location<\/td>\n<td> Assets under management (in billion $)<\/td>\n<\/tr>\n<tr class='row_odd'>\n<td>1<\/td>\n<td>Man Group \/ London<\/td>\n<td> 69.0<\/td>\n<\/tr>\n<tr class='row_even'>\n<td>2<\/td>\n<td>Bridgewater Associates \/ Westport, CT<\/td>\n<td> 62.0<\/td>\n<\/tr>\n<tr class='row_odd'>\n<td>3<\/td>\n<td>JPMorgan Asset Management \/ New York<\/td>\n<td>45.5<\/td>\n<\/tr>\n<tr class='row_even'>\n<td>4<\/td>\n<td>Paulson &#038; Co. \/ New York<\/td>\n<td>36.0<\/td>\n<\/tr>\n<tr class='row_odd'>\n<td>5<\/td>\n<td>Brevan Howard Asset Management \/ London<\/td>\n<td>32.3<\/td>\n<\/tr>\n<tr class='row_even'>\n<td>6<\/td>\n<td>Och-Ziff Capital Management \/ New York<\/td>\n<td>28.7<\/td>\n<\/tr>\n<tr class='row_odd'>\n<td>7<\/td>\n<td>Soros Fund Management \/ New York<\/td>\n<td>27.0<\/td>\n<\/tr>\n<tr class='row_even'>\n<td>8<\/td>\n<td>BlackRock \/ New York<\/td>\n<td>26.6<\/td>\n<\/tr>\n<tr class='row_odd'>\n<td>9<\/td>\n<td>Highbridge Capital Management \/ New York<\/td>\n<td>25.0<\/td>\n<\/tr>\n<tr class='row_even'>\n<td>10<\/td>\n<td>BlueCrest Capital Management \/ London<\/td>\n<td>24.5<\/td>\n<\/tr>\n<tr class='row_odd'>\n<td>11<\/td>\n<td>Baupost Group \/ Boston<\/td>\n<td>24.0<\/td>\n<\/tr>\n<tr class='row_even'>\n<td>11<\/td>\n<td>Cerberus Capital Management \/ New York<\/td>\n<td>24.0<\/td>\n<\/tr>\n<tr class='row_odd'>\n<td>13<\/td>\n<td>Angelo Gordon &#038; Co. \/ New York<\/td>\n<td>23.5<\/td>\n<\/tr>\n<tr class='row_even'>\n<td>14<\/td>\n<td>Farallon Capital Management \/ San Francisco<\/td>\n<td>21.5<\/td>\n<\/tr>\n<tr class='row_odd'>\n<td>15<\/td>\n<td>Winton Capital Management \/ London<\/td>\n<td>20.0<\/td>\n<\/tr>\n<tr class='row_even'>\n<td>16<\/td>\n<td>King Street Capital Management \/ New York <\/td>\n<td>19.9<\/td>\n<\/tr>\n<tr class='row_odd'>\n<td>17<\/td>\n<td>Goldman Sachs Asset Management \/ New York<\/td>\n<td>19.8<\/td>\n<\/tr>\n<tr class='row_even'>\n<td>18<\/td>\n<td>Canyon Partners \/ Los Angeles<\/td>\n<td>19.0<\/td>\n<\/tr>\n<tr class='row_odd'>\n<td>19<\/td>\n<td>Renaissance Technologies \/ East Setauket, NY<\/td>\n<td>  17.1<\/td>\n<\/tr>\n<tr class='row_even'>\n<td>19<\/td>\n<td>Elliott Management \/ New York<\/td>\n<td>17.1<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>The ranking were done according to data compiled by Bloomberg as of April 7. The largest 20 hedge funds\u2019 assets account for more than a quarter of an overall industry that is selectively recovering.<\/p>\n","protected":false},"author":20,"featured_media":18884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1656,1687,1655,1723,1690,1651,1662,2243,1883,1917],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/18886"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=18886"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/18886\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/18884"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=18886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=18886"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=18886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}