Administrators fight for terrain in changing hedge fund landscape
Wed May 25, 2011
Competition in European hedge fund administration is on the increase again, with several firms poised to mount a strong challenge at a time of recovery and change in the industry
Assets under administration at many of the leading European
hedge fund administrators began to grow again in 2010 as the
hedge fund industry started to recover from its lows in 2008
and 2009, although the number of funds administered remains
well down from peak levels for all the big firms and, in many
cases, is lower than in the previous year.
That is the central finding of the annual survey of
administrators for European hedge funds by the EuroHedge data
and research team – which presents a snapshot of the
hedge fund administration industry in Europe as at the start of
Citco has once again retained its place as the leading
administrator to European hedge funds, both in terms of number
of funds and overall assets. As at the start of 2011, Citco was
administrator to 131 European hedge funds – with
combined AUM of $60.6 billion –...
ISSN: 2151-1845 / CDC10004H
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