Friday, December 7, 2012

Top 10 Hedge Funds up 6.3%, Surge past $200 Billion AUM mark



           
The Top 10 Hedge Funds saw their US Equity assets increase by $12.2 billion, or 6.3%, during the third quarter of 2012. It was a great quarter overall for the top hedge funds, as 8 of the top 10 funds saw their assets increase by more than $1 billion. At the end of the quarter, the top hedge funds impressively reported assets under management of $207 billion.

The list's AUM surge was led by Clifford Asness’ AQR Capital Management, which saw its US equity assets increase by $2.75 billion. Greenwich-based AQR Capital’s AUM gains position it as the fifth largest hedge fund on the list with $18,942 billion in assets….

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