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Largest Hedge Funds

Largest Hedge Funds

Largest Hedge Funds Dominate

Largest Hedge FundsFinancial news recently reported that the top 100 hedge funds now account for 75% of the entire hedge fund industry. Increasing from 69% last year, the major hedge funds in the world have steadily expanded their influence dominating smaller funds. The largest hedge funds increased assets under management 35% over 2007, led by JP Morgan Asset Mangagement managing $44.7 billion in assets. The top 10 hedge funds controlled assets of $324 billion, increasing 29% from last year. While many of the top tier grow and control more assets, this eclipses the remaining smaller hedge funds.

- Richard

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