Hedge Funds Assets Hit $1.5 trillion

WEST PALM BEACH, FL (www.hedgeco.net) – A new survey conducted by the fourth Hedge Fund Manager Bi-Annual Hedge Fund Administrator, shows that the global hedge fund industry assets has reached the$1.5 trillion mark. During the past six months, new hedge fund assets surged by 22.96 percent according to the survey. That level of growth is also projected to continue. Hedge funds have beenchipping away at the equity investor base for quite sometime; such trend began during the late 1990�s when the global technology sector began to decline.

According to the survey, hedge fund assets have grown from about $800 billion in 2003, to $1.5 trillion in 2005. In a survey of 39 European firms, the study identified the biggest hedge fund administrator as Citco, with total investor assets of $250 billion, followed by Fortis, BISYS, HSBC, IFS, and Investors Bank and Trust. All of the managers oversee more that $100 billion each in assets under management.

The study also said that the 59.5 percent of hedge fund managers are still based in the United States, while 32.3 percent are domiciled in Europe, the rest of Asia ex Japan, 3.8 percent, while 1.7 percent of the managers are based in Japan. The new study said that 56.8 percent of the total assets are managed by the U.S. based hedge fund managers, while Europe, Asia including Japan oversees 34.2 percent, and 5.5 percent respectively.

Paul Oranika
Editor-in-Chief
HedgeCo.Net
Email: Editor@hedgeco.net

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