The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Hedge Funds: London is catching up, but still trails New York

Neil Wilson, editorial director at HedgeFund Intelligence explains why the Big Apple still holds some aces.

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.



You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree