World’s Biggest Hedge Funds Reach Record Highs

researchNew York (HedgeCo.Net) – Absolute Return just went live with its latest Billion Dollar Club rankings and US hedge funds are now managing their all-time peak assets, with growth at levels not seen since before the financial crisis.

Assets grew by $250 billion over 2013. Last time the industry had growth like this was pre-crisis in 2007 when they grew by $407 billion.

Highlights include:

  • The Club now has 293 firms managing $1.71 trillion, up from $1.46 at the start of 2013
  • In % terms, that’s an increase of 9% in second half of the year, and 17.16% over whole year
  • Growth wasn’t concentrated in just the top firms as growth amongst top 50 was 17.44% over 2013, only slightly ahead of group’s 17.16% growth as a whole
  • Biggest winners: J.P. Morgan, AQR, Adage, Discovery and Och-Ziff
  • Biggest losers: Saba, Regiment, ESL, Standard Pacific, QIM
  • Newcomers: Contour Asset Management, Archer Capital Management, HG Vora Capital Management among others

Alex Akesson
Editor for HedgeCo.net
alex@hedgeco.net
HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership in HedgeCo.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!

This entry was posted in Hedge Fund Strategies, HedgeCo News. Bookmark the permalink.

Leave a Reply