Managed Futures end Q2-10 as hedge fund strategy with most assets under management

September 22, 2010 Attain Capital 3 Comments  Like
Managed Futures

Managed Futures and their measly $223 Billion in total assets under management are often swept under the rug as insignificant by industry experts in comparison to the massive $1.7 Trillion Hedge Fund industry.

But there is one little quirk in those statistics…. the hedge fund number actually includes the managed futures amount, as managed futures are technically considered a type of hedge fund strategy.  And here’s the interesting part – as of the end of Q2 2010, according to data collected by Barclay Hedge, Managed Futures is now the biggest strategy type across the various Hedge Fund strategies.  Read our old newsletter on Hedge Funds Explained for more on how the different strategies work.

Strategy Type Assets (in Billions) Strategy Type Assets (in Billions)
Managed Futures $223.40 Macro $92.80
Event Driven $222.40 Sector Specific $85.80
Emerging Markets $190.30 Equity Long-Only $57.30
Multi-Strategy $179.30 Convertible Arbitrage $34.30
Equity Long/Short $177.80 Equity Market Neutral $30.50
Fixed Income $162.10 Merger Arbitrage $27.90
Equity Long Bias $144.30 Other $26.40
Distressed Securities $128.40
Source: BarclayHedge Total $1,783.00

3 comments

  1. ssbssb
    September 22, 2010

    Those are very surprising numbers. here are the world’s largest 23 hedge funds as of the beginning of 2010:

    1. J.P. Morgan $53.5
    2. Bridgewater Associates $43.6
    3. Paulson & Co. $32.0
    4. Brevan Howard $27.0
    5. Soros Fund Mgmt. $27.0
    6. Man Group $25.3
    7. Och-Ziff Capital Mgmt. Group $23.1
    8. D.E. Shaw Group* $23.0
    9. BlackRock (BGI) $21.0
    10. Farallon Capital Mgmt. $20.7
    11. Baupost Group** $20.0
    12. Goldman Sachs Asset Mgmt. $17.8
    13. BlueCrest Capital Mgmt. $17.3
    14. Canyon Partners $17.0
    15. Landsdowne Partners* $15.0
    16. Renaissance Technologies $15.0
    17. Fortress Investment Group $13.8
    18. Moore Capital Mgmt. $12.4
    19. Viking Global Investors* $12.4
    20. Citadel Investment Group $12.2
    21. SAC Capital Partners $12.0
    22. GLG Partners $11.5
    23. Tudor Investment Corp $10.0

    Total $482.6
    * as of Jan 1st, 2010 ** as of Sept 30th, 2009

    Man Group is managed futures and Blue Crest has a managed futures product at about 5B. However, that is only 30B of the 483B represented here. I can’t imagine that L/S equity is not at least 10% of that.

  2. Data just in – Managed Futures End 2010 as hedge fund strategy with most assets under management « Managed Futures Blog
    February 16, 2011

    […] Managed Futures had skyrocketed to the #1 hedge fund strategy in terms of assets under management (blog post), according to data collected by Barclay Hedge, with $223 Billion in total assets vs the massive […]

  3. Data just in: Managed Futures End 2010 as hedge fund strategy with most assets under management — Clearing and Settlement
    February 17, 2011

    […] Managed Futures had skyrocketed to the #1 hedge fund strategy in terms of assets under management (blog post), according to data collected by Barclay Hedge, with $223 Billion in total assets vs the massive […]

Write a Comment

Disclaimer
The performance data displayed herein is compiled from various sources, including BarclayHedge, and reports directly from the advisors. These performance figures should not be relied on independent of the individual advisor's disclosure document, which has important information regarding the method of calculation used, whether or not the performance includes proprietary results, and other important footnotes on the advisor's track record.

The programs listed here are a sub-set of the full list of programs able to be accessed by subscribing to the database and reflect programs we currently work with and/or are more familiar with.

Benchmark index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship, self reporting, and instant history. Individuals cannot invest in the index itself, and actual rates of return may be significantly different and more volatile than those of the index.

Managed futures accounts can subject to substantial charges for management and advisory fees. The numbers within this website include all such fees, but it may be necessary for those accounts that are subject to these charges to make substantial trading profits in the future to avoid depletion or exhaustion of their assets.

Investors interested in investing with a managed futures program (excepting those programs which are offered exclusively to qualified eligible persons as that term is defined by CFTC regulation 4.7) will be required to receive and sign off on a disclosure document in compliance with certain CFT rules The disclosure documents contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA, as well as the composite performance of accounts under the CTA's management over at least the most recent five years. Investor interested in investing in any of the programs on this website are urged to carefully read these disclosure documents, including, but not limited to the performance information, before investing in any such programs.

Those investors who are qualified eligible persons as that term is defined by CFTC regulation 4.7 and interested in investing in a program exempt from having to provide a disclosure document and considered by the regulations to be sophisticated enough to understand the risks and be able to interpret the accuracy and completeness of any performance information on their own.

RCM receives a portion of the commodity brokerage commissions you pay in connection with your futures trading and/or a portion of the interest income (if any) earned on an account's assets. The listed manager may also pay RCM a portion of the fees they receive from accounts introduced to them by RCM.

Limitations on RCM Quintile + Star Rankings

The Quintile Rankings and RCM Star Rankings shown here are provided for informational purposes only. RCM does not guarantee the accuracy, timeliness or completeness of this information. The ranking methodology is proprietary and the results have not been audited or verified by an independent third party. Some CTAs may employ trading programs or strategies that are riskier than others. CTAs may manage customer accounts differently than their model results shown or make different trades in actual customer accounts versus their own accounts. Different CTAs are subject to different market conditions and risks that can significantly impact actual results. RCM and its affiliates receive compensation from some of the rated CTAs. Investors should perform their own due diligence before investing with any CTA. This ranking information should not be the sole basis for any investment decision.

See the full terms of use and risk disclaimer here.

Disclaimer
The performance data displayed herein is compiled from various sources, including BarclayHedge, and reports directly from the advisors. These performance figures should not be relied on independent of the individual advisor's disclosure document, which has important information regarding the method of calculation used, whether or not the performance includes proprietary results, and other important footnotes on the advisor's track record.

The programs listed here are a sub-set of the full list of programs able to be accessed by subscribing to the database and reflect programs we currently work with and/or are more familiar with.

Benchmark index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship, self reporting, and instant history. Individuals cannot invest in the index itself, and actual rates of return may be significantly different and more volatile than those of the index.

Managed futures accounts can subject to substantial charges for management and advisory fees. The numbers within this website include all such fees, but it may be necessary for those accounts that are subject to these charges to make substantial trading profits in the future to avoid depletion or exhaustion of their assets.

Investors interested in investing with a managed futures program (excepting those programs which are offered exclusively to qualified eligible persons as that term is defined by CFTC regulation 4.7) will be required to receive and sign off on a disclosure document in compliance with certain CFT rules The disclosure documents contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA, as well as the composite performance of accounts under the CTA's management over at least the most recent five years. Investor interested in investing in any of the programs on this website are urged to carefully read these disclosure documents, including, but not limited to the performance information, before investing in any such programs.

Those investors who are qualified eligible persons as that term is defined by CFTC regulation 4.7 and interested in investing in a program exempt from having to provide a disclosure document and considered by the regulations to be sophisticated enough to understand the risks and be able to interpret the accuracy and completeness of any performance information on their own.

RCM receives a portion of the commodity brokerage commissions you pay in connection with your futures trading and/or a portion of the interest income (if any) earned on an account's assets. The listed manager may also pay RCM a portion of the fees they receive from accounts introduced to them by RCM.

Limitations on RCM Quintile + Star Rankings

The Quintile Rankings and RCM Star Rankings shown here are provided for informational purposes only. RCM does not guarantee the accuracy, timeliness or completeness of this information. The ranking methodology is proprietary and the results have not been audited or verified by an independent third party. Some CTAs may employ trading programs or strategies that are riskier than others. CTAs may manage customer accounts differently than their model results shown or make different trades in actual customer accounts versus their own accounts. Different CTAs are subject to different market conditions and risks that can significantly impact actual results. RCM and its affiliates receive compensation from some of the rated CTAs. Investors should perform their own due diligence before investing with any CTA. This ranking information should not be the sole basis for any investment decision.

See the full terms of use and risk disclaimer here.

logo