New research from quant technology provider SigTech, drawing on data from Preqin and insights from various hedge fund managers, reveals that roughly 30,000 hedge funds are currently operating globally. The US dominates the industry with a market share of 65%, followed by the UK (8.8%) and Hong Kong (3.5%).
New research from quant technology provider SigTech, drawing on data from Preqin and insights from various hedge fund managers, reveals that roughly 30,000 hedge funds are currently operating globally. The US dominates the industry with a market share of 65%, followed by the UK (8.8%) and Hong Kong (3.5%).
While the industry is still growing, following a record 2000-plus hedge fund launches in both 2020 and 2021, expansion is slowing with last year witnessing the lowest number of launches since 2010, with circa 900 new funds.
In terms of investment styles, the discretionary approach is still the most commonly applied (53%). However, quantification remains a clear trend, with roughly one third of hedge funds applying a hybrid discretionary and systematic approach. 14% of funds apply a fully systematic approach.
