Tuesday, June 12, 2012

Top Hedge Funds jump by 19.4%


From hedgetracker: The Top 10 Hedge Funds saw their US Equity assets increase by an astounding $32.7 Billion, or 19.4%, during the first quarter of 2012. The large gains were led by John Overdeck, David Siegel and Mark Pickard’s Two Sigma Investments, which saw its US equity assets increase by $8.4B. Two Sigma’s AUM gains position it as the fifth largest hedge fund on the top hedge fund list, having jumped up six spots from its eleventh place ranking on the Q4 2011 list.
               
Jim Simons’ quant focused Renaissance Technologies Corporation remained on its perch as the largest hedge fund on list. New York-based Renaissance secured the top spot with $24.5B in equity assets under management, an increase of $3.9B. D.E. Shaw & Co jumped two spots to #2 on the list, pushing down Citadel Investment Group (#3) and Adage Capital Partners (#4), which both slipped down a spot in the rankings from #2 and #3, respectively.

Overall, every hedge fund in the top 10 saw its assets rise over the quarter….

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