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 this year.

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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