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Showing posts with label hedge funds. Show all posts
Showing posts with label hedge funds. Show all posts

May 10, 2009

Top 10 Hedge fund management firms by assets under management

Bridgewater Associates 1
JPMorgan 2
Paulson & Co. 3
D. E. Shaw 4
Brevan Howard 5
Och-Ziff Capital Management 6
Man AHL 7
Soros Fund Management 8
Goldman Sachs 9
Renaissance Technologies 10

Hedge Fund Industry size falls sharply in last one year

From a peak of 1.93 trillion dollars in mid of 2008, the hedge fund industry size is reduced to merely 1.33 trillion dollars owing to the credit crunch and macro-economic situation.




















The 'Funds of funds' industry has also come down sharply from 825 billion dollars in mid 2008 to 525 billion dollars at the end of first quarter of 2009.

The fall in assets size is partly due to trading losses and partly due to investors pulling out money from these funds.

These are the data from Hedge Fund Research (HFR) as available on in the publicly available news articles across the internet. Due to the ambiguity of the breadth of the hedge fund and the voluntary nature of data disclosure these may be different from those published by other research firms.

Dec 20, 2007

Top Fund of Fund company 2007

The top five fund of funds in June 2007, along with the firm's capital (million USD) as per the Alpha Magazine's ranking are:

Rank Financial Institution Assets
1 UBS 54749
2 Man Investments 50310
3 Union Bancaire Privée 45775
4 Permal Asset Management 35040
5 HSBC 33572








Source: Alpha

Top Hedge funds 2007 [Alpha Magazine]















The following ranking of the hedge funds by Alpha Magazine was published on May 2007. JP Morgan Asset Management leads the list with Goldman Sachs Asset Management a close second.






Source: Alpha

Nov 21, 2007

What are hedge funds?

Hedging means reducing risk of adverse price movements in a security generally by taking an offsetting position in a related security. So, essentially hedging leads to lower risks.

The term "hedge" was coined by the agriculture industry and farmers were the first "hedgers". They hedged the risk of losing their agricultural produce. Insurance is also a type of hedging method.

A Hedge Fund is fund which can take advantages of any of the hedging strategies, trade in any financial instrument, but produce above average gains at reduced risks. A hedge fund is genrally expected to have positive returns under all market conditions.

Timeline of Hedge Funds
In 1949: Alfred Jones started first hedge fund in the US
In 2005: USD 1 trillion industry with 9,000 Hedge Funds
Oct 2007: Hedge Funds: 2.5 trillion USD

By some estimates the size of Hedge Funds industry has crossed 3 trillion dollars. This is huge when we consider the fact that the total domestic market capitalization of all the stock markets of the world is less than 60 trillion dollars and that of NASDAQ is 4 trillion dollars.