New York (HedgeCo.net) – Combined alternative assets under administration (AUA), covering hedge funds, fund of funds, and private equity have risen to $4.82 trillion, according to new Opalesque research. Single manager hedge fund AUA increased 19.7% to $2.98 trillion, and fund of funds asset levels increased 3.2% to $1.02 trillion, while private equity assets fell 16.6% to $846.9 billion.
Top Ten Hedge Fund Administrators:
#1. Citco Fund Services, with assets under administration (AUA) of: $468.00 billion
#2. State Street, AUA: $281.00 billion
#3. BNY Mellon, AUA: $210.90 billion
#4. Goldman Sachs Administration Services, AUA: $191.00 billion
#5. Citigroup, AUA: $150.00 billion
#6. GlobeOp, AUA: $148.oo billion
#7. HSBC Fund Services, AUA: $112.90 billion
#8. SS&C Fund Services, AUA: $106.00 billion
#9. Morgan Stanley $84.00 billion
#10. CACEIS Bank: $81.15 billion
The research determines that the fund administration industry experienced 7.4% rise in assets under administration (HF, FoHF, PE). Largest asset gains stem from single manager hedge fund clients, which rose to $2.98tln (a gain of 19.7%), followed by fund of hedge funds, which gained $31bn (a gain of 3.2%)
Alex Akesson
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