Biggest Hedge Funds AUM
Biggest Hedge Funds Continue to Increase AUM
U.S. hedge fund firms overseeing $5 billion or more saw their assets inch up 1 percent during the first half, according to the report. Among firms that manage only $1 billion or more, half said their asset levels either dropped or stayed unchanged.
Investors, including pension funds, currently appear more inclined to put money with large, long-established funds whose investment approach and risk management systems they trust, industry analysts have said.
Boasting $51 billion of assets, Bridgewater Associates, a 35-year-old fund firm founded by Ray Dalio, again ranked as the largest U.S. hedge fund as well as the industry's most popular, the magazine reported.
During the first half, the Westport, Connecticut-based firm took in $7.3 billion of new money, which boosted firm assets by nearly 17 percent. A year ago Bridgewater had $37 billion. Source