 |
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.