User:WWB Too/Hedge fund structure (Investment manager locations)
Investment manager locations
[edit]In contrast to the funds themselves, investment managers are primarily located onshore, which allows them to maintain close proximity to both investors and financial talent. The United States remains the largest center of investment, with US-based funds managing around 70% of global assets at the end of 2011.[1] As of April 2012, there were approximately 3,990 investment advisers managing one or more private hedge funds registered with the Securities and Exchange Commission.[2] New York City and the Gold Coast area of Connecticut are the leading locations for US hedge fund managers.[3][4]
London is Europe's leading center for hedge fund managers. According to EuroHedge data, around 800 funds located in the UK managed some 85% of European-based hedge fund assets in 2011.[1] Interest in hedge funds in Asia has increased significantly since 2003, especially in Japan, Hong Kong, and Singapore.[5] However, the UK and the US remain the leading locations for management of Asian hedge fund assets.[1]
Notes
[edit]- ^ a b c TheCityUK (2012). "Hedge Funds: March 2012" (PDF). Jersey Finance. p. 4. Retrieved 12 October 2012.
- ^ "Dodd-Frank Act Changes to Investment Adviser Registration Requirements – Preliminary Results" (PDF). Securities and Exchange Commission. 2012. Retrieved 18 October 2012.
- ^ Satyajit Das (2011). "Extreme Money: Masters of the Universe and the Cult of Risk". FT Press. pp. 79–80. ISBN 0132790076.
- ^ Andrew Shrimpton (2006). Sohail Jaffer (ed.). "Hedge Funds: Crossing the Institutional Frontier". Euromoney Institutional Investor. p. 120. ISBN 1843742683.
- ^ François-Serge Lhabitant (2007). "Handbook of Hedge Funds". John Wiley & Sons. ISBN 0470026634.