London Calling: 39 of 50 Single-Manager Hedge Fund Firms in Alpha
Magazine's Ranking of the Biggest Firms in Europe Call the U.K. Home
Thursday June 26, 5:05 pm ET


European Hedge Funds Rise in Global Standing


NEW YORK, NY--(MARKET WIRE)--Jun 26, 2008 -- Most of the hedge fund
noise out of Europe these days is coming from the U.K., where funds
are increasingly keeping pace with their U.S. cousins. A whopping 39
of the 50 single-manager firms in Alpha magazine's 2008 Europe Hedge
Fund 50 ranking, including seven of the world's top 25 hedge fund
firms, are headquartered in London.




The 50 firms on Alpha's new list control a total of $405.3 billion in
assets, or 20 percent of a global $1.8 trillion industry. In 2004,
the first year the list was compiled, the entire European hedge fund
industry had less than $190 billion in assets.

Four of the top 50 European firms are in Paris, followed by single
firms in Bilboa, Cyprus, Geneva, Moscow, Zurich and on the British
isle of Guernsey.

"When we started investing in hedge funds 12 years ago, it was a
challenge to find any really good managers outside the U.S.," says
Ibrahim Gharghour, co-head of hedge funds for Investcorp. "London has
matured in terms of quality of managers, their infrastructure, the
depth of market and standard of people. And now U.S. funds, as they
grow, must also have a presence here."





2008 Rank Firm Firm Capital ($
millions)
1 Barclays Global Investors $26,227
2 GLG Partners $23,900
3 Brevan Howard Asset Mgmt $21,000
4 Man Investments $20,900
5 Lansdowne Partners $18,903
6 BlueBay Asset Mgmt $16,400
7 Sloane Robinson $15,100
8 Marshall Wace $15,019
9 HSBC $13,579
10 The Children's Investment
Fund Mgmt U.K. $13,000

The complete ranking is available online at www.alphamagazine.com.
The list also appears in the June 2008 issue of Alpha magazine.



Contact:
Contact Information:
Chris Cavanagh
212-224-3369
chriscavanagh@...



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Source: Alpha Magazine