Bridgewater Associates, the world’s only twelve-figure AUM hedge fund, tops Preqin’s top 10 hedge fund managers list once again with $169.5 billion, says CIO.
Following Bridgewater is AQR, the quant shop founded by Cliff Asness with $65 billion, folowed by MAN Investments, a centuries-old, UK-based, multi-strategy firm that controls $50 billion. Rounding up the top five are New York’s Och-Ziff with $47 billion and Britain’s Standard Life Investments with $35 billion.
Interestingly, CIO pointed out that 11% of hedge funds control 92% of total assets in the space, with 22 of the 570 funds in the 89th percentile managing a whopping $790 billion in capital all together.
Big name fund managers such John Paulson, David Tepper, or Alan Howard however, did not make it to the top 10 despite managing billions themselves.
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