Bridgewater Tops Hedge Fund 100 Ranking For Second Year
Hedge fund managers that focus only on company valuations are doing it wrong, says Robert Prince, co-CIO of Bridgewater Associates — the top firm in Institutional Investor’s 11th annual ranking of the world’s 100 largest single-manager hedge fund firms by assets under management. In a nutshell, Prince insists, fundamentals-
How We Compiled the Ranking
In the 2012 Hedge Fund 100, we provide each manager’s total assets under management as of January 3, 2012, unless otherwise indicated. Where possible, we also show assets at the individual fund level, with net returns for two years and since inception, and 2011 fund capital as reported last year. The ranking last year was based on capital as of January 3, 2011, unless otherwise noted.
Asset totals reflect internally run, single-manager hedge funds and separate accounts, including long-only funds that charge hedge-fund-style fees; they exclude funds of hedge funds, overlay accounts, funds managed by third parties, mutual funds and traditional long-only money, dynamic money market funds, assets in collateralized debt and bond obligations, private equity and venture capital. We gathered data through questionnaires completed by hedge fund managers, supplemented by extensive staff research. Senior Editor Jane B. Kenney compiled the ranking with the assistance of Senior Contributing Writer Stephen Taub. To request a questionnaire for next year’s Hedge Fund 100 ranking, please e-mail your contact details to hf100@iimagazine.com.