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Hedge fund managers see growth in year ended June 30, P&I survey shows

Hedge fund managers reported worldwide hedge fund AUM of $1.44 trillion in the year ended June 30, per P&I’s annual survey.

Top 10 largest hedge fund managers 2022

(Assets in millions as of June 30, 2022)

# Name 2022 2021 Percent change
1 Bridgewater Associates $126,400 $105,700 19.6%
2 Man Group $73,500 $63,400 15.9%
3 Renaissance Technologies $57,000 $58,000 -1.7%
4 Millennium Management $54,968 $52,314 5.1%
5 Citadel $52,970 $37,630 40.8%
6 D.E. Shaw Group $47,861 $39,738 20.4%
7 Two Sigma Investments/Advisers $40,969 $39,550 3.6%
8 Davidson Kempner Capital Management $37,450 $37,350 0.3%
9 Farallon Capital Management $37,400 $38,100 -1.8%
10 TCI Fund Management $36,200 $40,000 -9.5%
 

Why ‘everyone’ is talking about global macro hedge funds

Inflation, rate hikes, the war in Ukraine and other events have put a spotlight on hedge fund strategies expected to perform well.

Hedge fund index returns

Returns through Aug. 31

Hedge funds pursue ESG in unique ways

Hedge fund managers are including ESG considerations as both risk factors and alpha generators in their strategies.

Top 10 most institutional hedge fund managers 2022

(Assets in millions as of June 30, 2022)

# Name 2022 2021 Percent change
1 Acadian Asset Management $2,486 $614 304.9%
2 AQR Capital Management $28,200 $26,100 8%
3 Aristeia Capital $6,162 $5,102 20.8%
4 AS Birch Grove $3,454 $2,400 43.9%
5 Brevan Howard Asset Management $23,353 $16,000 46%
6 Cheyne Capital $10,164 $9,485 7.2%
7 GoldenTree Asset Management $1,594.6 $1,422.7 12.1%
8 Wellington Management $19,338 $19,734 -2.0%
9 Versor Investments $3,400 $3,145 8.1%
10 Wexford Capital $1,200 N/A N/A

Net hedge fund hiring volume

Assets in U.S. $ billions as of Sept. 8, 2022

 

Hedge funds serving as an odd pairing with ETFs

Hedge funds and exchange-traded funds have a complicated relationship.

Endowment hedge fund allocations

Assets in millions for years ended Sept. 30.

How this survey was conducted

P&I’s process for collecting worldwide assets under management from hedge fund managers.