Times Online – LONDON’S biggest hedge fund managers are pulling away from the rest of the pack as investors favour larger players, according to a new ranking published today.
Some big asset managers have produced asset growth of 50 per cent and in some cases 100 per cent in the past year, according to EuroHedge, the industry publisher.
“The big firms are getting bigger very quickly and they have shown a much faster growth rate in recent months than the rest of the industry,†Nick Evans, its editor, said.
EuroHedge’s ranking shows Man Group as Europe’s biggest hedge fund manager of single-strategy assets, with $16.2 billion (£8.6 billion) under management, closely followed by GLG and BlueCrest.
