Hedge Funds - 2008

Investing Advisors


April 2008 - HedgeFund Intelligence reported:

1) Global hedge fund industry assets rose to $2.65 trillion at the start of 2008 (27% growth in assets year-to-year from the $2.079 trillion in 2007, 6.6% growth in the second half )

2) Average hedge fund lost 4.4% in the first quarter (BarclayHedge Fund Index)

3) More than 390 firms globally run hedge fund assets of $1 billion or more (combined assets of $2.083 trillion, nearly 80% of industry assets),

4) 144 /390 firms based in New York (up from 123 firms in 2007),

5) 75/390 firms based in London (remains dominant hedge fund center in Europe),

6) Top 22/390 firms in Europe run 44% of European assets (up from 37% in 2007).