Hedge Crunch FinancialBridgewater Associates
New York City: Hedge Fund Central
Studies from TheCityUK show that New York City manages more hedge funds than any other city in the world, with London trailing far behind. TheCityUK global hedge fund industry report reveals that 41% of hedge fund assets are currently managed out of New York, compare with a mere 19% in London. While taking into account [...]
Hedge Funds Getting Through The Credit Crunch of 2008
Bridgewater Associates comment on the credit crunch effecting the hedge funds; For the most part, hedge funds have gotten through the credit crunch relatively unscathed. For example, the average hedge fund generated a return of 12.5% last year and 2.5% in the fourth quarter. And private equity funds generated an average return of 11%. The [...]