UK regulator will keep tabs on growing hedge fund industry

Hedge Fund

Hedge funds manage $470bn in the UK, with 82% of the assets controlled by just 20 large firms, the City regulator has revealed.

The London Evening Standard reports that London is home to some of the world’s best-known hedge funds, including Lansdowne Partners, Odey Asset Management, Winton Capital Management and The Children’s Investment Fund, which emerged as the largest investor in Royal Mail after its stock market flotation last year.

According to the Financial Conduct Authority, the sector is now the third most popular type of alternative investment after real estate and private equity.

The UK’s share of the global market has increased steadily over the past decade with institutional shareholders now the most dominant stakeholders.

To access the complete London Evening Standard article hit the link below:

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