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In association with Hedge Fund Intelligence |
The Global Billion Dollar Club | ||
Where the managers are located | ||
City | Number of $bln firms | Jan 2007 Assets $bln |
New York | 123 | 649.78 |
London | 72 | 261.00 |
Greenwich, CT | 20 | 102.97 |
Boston | 13 | 66.96 |
San Francisco | 12 | 63.25 |
Dallas / Fort Worth | 8 | 29.70 |
Los Angeles | 8 | 16.98 |
Stamford, CT | 6 | 25.30 |
Paris | 6 | 20.97 |
Sydney | 5 | 21.22 |
Tokyo | 5 | 10.42 |
Hong Kong | 5 | 9.53 |
Bermuda | 4 | 12.41 |
Westport, CT | 3 | 38.80 |
Boca Raton, FL | 3 | 7.24 |
Stockholm | 3 | 7.12 |
Houston | 3 | 6.00 |
Minnetonka, MN | 2 | 12.10 |
Atlanta | 2 | 4.86 |
Milwaukee, WI | 2 | 4.64 |
Harrison, NJ | 2 | 4.59 |
Moscow | 2 | 4.30 |
Oslo | 2 | 3.62 |
Other | 48 | 180.05 |
* Firms with multiple headquarters counted once for each centre but with assets evenly split | ||
Source: Absolute Return, EuroHedge, AsiaHedge and South AfricaHedge databases and surveys |
A steady stream of stories in recent weeks indicates that London looks to be mounting an ever-stronger challenge to New York’s traditionally dominant position as the leading centre of global hedge funds.