As of March, by one estimate, there was a staggering $2 trillion invested in hedge funds worldwide, up nearly tenfold from 1999. Today, there are more than 9,000 hedge funds, 351 of which manage $1 billion or more. Traditional investment firms are bleeding talent to hedge funds, and there’s a lot of room left for this thing to run: A recent study by consulting firm Casey, Quirk and the Bank of New York predicts that institutional assets in hedge funds could nearly triple by 2010. Last year, the average hedge fund was just 5.3 years old.
Statistics on hedge funds from New York Magazine’s post on hedge funds. As for the elite list
A year ago, there were only four $20 billion–plus outfits; now, there are seven—JPMorgan, Goldman, Bridgewater Associates, D.E. Shaw, Farallon Capital, Renaissance Technologies, and Och-Ziff Capital. The first U.S. hedge fund to offer its stock to the public, Fortress, gained 67.6 percent on its first day of trading.
Filed under: finance | Tagged: hedge funds
I read this article and wondered if we could connect our blogs somehow – share traffic or links and content. I have written 490 articles on hedge funds and continue to blog within this niche. Let me know if you have any ideas on how I could help you.
Thanks for your comment, Richard. That’s a very resourceful blog on hedge funds you have there. I would be happy to include a link to your blog. If you find the information on this blog to be interesting or useful, please feel free to link here.
I will be in touch with you. Thanks for making yourself available as a resource in this area.