Shocker? You haven't been paying attention friends. The 100 largest hedge funds manage $1.4 trillion, or 61% of
all industry AuM in what is further evidence of the flight to size among
investors, according to data providers Preqin.
The 100 biggest hedge funds had a median AuM of $9.9
billion, according to the study, while 17 of these managers run over $20
billion. The 176 investors allocating $1
billion or more to hedge funds often require average AuM at their hedge funds
to stand at $818 million compared to other investors which require an average
of $474 million.
Pension funds are rapidly embracing hedge funds as
liabilities continue to grow, and now account for 44% of investors writing $1
billion plus tickets. Many of these
institutions will write significant ticket sizes, which in turn means they have
binding concentration and risk criteria when allocating.
Read all about it at http://cooconnect.com/news/100-largest-hedge-funds-manage-61-industry-assets
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