{"id":3142,"date":"2005-06-01T00:00:00","date_gmt":"2005-06-01T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hennessee-group-releases-annual-hedge-fund-manager-survey","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2005\/hennessee-group-releases-annual-hedge-fund-manager-survey.html","title":{"rendered":"Hennessee Group Releases its annual Hedge Fund Manager Survey"},"content":{"rendered":"<p>WEST PALM BEACH, FL (www.hedgeco.net) &#8211; The Hennessee Hedge Fund Advisory Group (&#8220;Hennessee Group LLC&#8221;) has released its 11th annual Hedge Fund Manager Survey. According to the survey results, \u00c3\u00af\u00c2\u00bf\u00c2\u00bdThehedge fund industry grew 27% from $795 billion to over $1 trillion.\u00c3\u00af\u00c2\u00bf\u00c2\u00bd<\/p>\n<p>  Charles Gradante a Managing Principal of Hennessee Group LLC said, \u00c3\u00af\u00c2\u00bf\u00c2\u00bdThe growth in the hedge fund industry has largely become a &#8216;zero sum game&#8217; on the long side since the capital is largely being  reallocated from long only equity and bond managers to hedge funds.&#8221; Gradante added that, &#8220;The real growth concern going forward is the potential difficulty maintaining historical short hedge  ratios due to a supply shortage of stocks and bonds to borrow. Consequently, the use of derivatives to hedge will likely increase as the industry grows going forward; a situation which will change  the industry&#8217;s landscape.&#8221;<\/p>\n<p>  The report also concluded that asset growth in the Hedge fund industry was the result of manager performance that accounted for about 10 percent of such growth. While new capital inflows was  responsible for 17 percent of the new growth. Since 1987, the report noted that the number of Hedge Fund managers have grown from 7,000 to over 8,050 in 2005, an increase of 15 percent.<\/p>\n<p>  Among other findings, the report noted, \u00c3\u00af\u00c2\u00bf\u00c2\u00bdIndividuals and family offices continue to represent the largest source of capital for hedge funds, comprising 44% of total industry assets. Fund of funds  continue to be the fastest growing source of capital for hedge funds, with capital increasing 348% since January 2000 (from $63 billion to $282 billion). Fund of Funds remain the fastest growing  source of capital, and pensions who invest directly in hedge funds have grown 145% since January 2000 (from $29 billion to $71 billion).\u00c3\u00af\u00c2\u00bf\u00c2\u00bd<\/p>\n<p>  The Annual Hennessee Hedge Fund Manager Survey is the oldest and most comprehensive hedge fund industry survey. The 2005 survey respondents include 752 hedge funds from 155 management companies  representing over $238 billion in assets. The Survey excluded CTAs who solely trade futures contracts.<\/p>\n<p>  Paul Oranika<br \/>  Editor-in-Chief<br \/>  HedgeCo.Net<br \/>  Email: Editor@hedgeco.net<\/p>\n<p>  <b><font color=\"navy\">HedgeCo.Net is the most popular hedge fund database and community in the world. Membership on <a href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is free and easy. We also offer  free listings for Hedge Funds!<\/font><\/b><\/p>\n<p>  <b><font color=\"navy\"> <strong>Be sure to check out our sister sites. <a href=\"http:\/\/www.hedgefundlounge.com\">www.hedgefundlounge.com<\/a>, <a href=  \"http:\/\/www.hedgefundtools.com\">www.hedgefundtools.com,<\/a><\/strong> and <a href=\"http:\/\/www.hedgefundemployment.com\"><strong>www.hedgefundemployment.com.<\/strong><\/a><\/font><\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WEST PALM BEACH, FL (www.hedgeco.net) &#8211; The Hennessee Hedge Fund Advisory Group (&#8220;Hennessee Group LLC&#8221;) has released its 11th annual Hedge Fund Manager Survey. According to the survey results, \u00c3\u00af\u00c2\u00bf\u00c2\u00bdThehedge fund industry grew 27% from $795 billion to over $1 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-3142","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3142"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3142\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}