The top 20 biggest hedge fund managers have a higher proportion of the industry's assets than they did five years ago, according to a new report from Barclays.
The biggest funds — run by people named Dalio, Asness and Griffin — accounted for 26% of the industry's assets at the end of 2018, compared to 21% of the industry's assets at the end of 2013.. Quant funds offered by these managers have grown from 6% of the industry's assets to 11%, while discretionary strategies — in which investing decisions are by a person or a team of people instead of a machine — have dropped from 9% of the industry's assets to 6%.
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Source: CNBC - 🏆 12. / 72 Read more »