Hedge funds hold nearly $2.2 trillion

Assets managed in nearly 10,000 hedge funds totaled $2.16 trillion as of Dec. 31, estimated researchers at Credit Agricole Structured Asset Management in a new report.
MAR 25, 2008
Assets managed in nearly 10,000 hedge funds totaled $2.16 trillion as of Dec. 31, estimated researchers at Credit Agricole Structured Asset Management in a new report. The CASAM 2007 Industry Report said that while most hedge funds are domiciled outside of the U.S., mostly in the Cayman Islands, 60% operate in the U.S. and 25% have their principal operations in New York. Long/short equity was the largest hedge fund strategy, holding $568 billion as of Dec. 31, followed by event-driven multistrategy with $245 billion and global macro with $221 billion. CASAM’s data were culled from the firm’s CISDM database covering more than 6,000 hedge funds, funds of funds, commodity trading advisers and commodity pools.

Latest News

Modera, Simplicity announce new acquisitions in busy day for industry M&A
Modera, Simplicity announce new acquisitions in busy day for industry M&A

Two RIAs expand their geographic footprints with deals in New York's Capital Region and coastal Alabama.

Advisor moves: Ameriprise, Prospera, Raymond James land teams with $920M in assets
Advisor moves: Ameriprise, Prospera, Raymond James land teams with $920M in assets

A 27-year Merrill veteran, Florida advisors, and a trio of New Jersey advisors just moved to new platforms.

LPL Research launches 17 model portfolios, hitting $100B in AUM
LPL Research launches 17 model portfolios, hitting $100B in AUM

Broker-dealer expands its model portfolio platform with modular building block strategies designed to give advisors greater customization at scale.

Wealth Enhancement adds $592M Chicago-area RIA
Wealth Enhancement adds $592M Chicago-area RIA

The mega-RIA with roughly $160 billion in client assets remains firmly in acquisition mode amid rumors of private equity giants vying to scoop it up.

Annuity sales hit a record as war and Fed jitters redraw fixed income
Annuity sales hit a record as war and Fed jitters redraw fixed income

Record annuity demand for principal protection collides with the most hawkish Fed dissent since 2016.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income