New York City: Hedge Fund Central

May 1, 2011 James Heinsman Hedge Fund News

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 only hedge funds with over $1 billion, the difference is even greater, with New York managing 45% and London only 14%. Some of the largest American hedge fund managers include Bridgewater Associates, JP Morgan Chase, and Paulson & Co.

The report said: “The US is by far the leading location for management of hedge fund assets, with more than two thirds of the total.”

Bridgewater Associates, Hedge Funds, Hedge Funds New York City, JP Morgan Chase, London,

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