Morgan and Jim Simons in 1982, Renaissance Technologies is a massive firm, managing more than $165 billion in client assets. Dalio and his firm make bets on the market as a whole, following investment strategies he created known as Pure Alpha and All Weather.Īccording to Attic Capital, Bridgewater Associates generates about 11.5% annualized returns.įounded by Howard L. That means the firm makes its investments based on the state of global economies, rather than picking individual stocks. Instead, Dalio and Bridgewater are celebrities of sorts, with Bridgewater once being named one of the five most important private companies in the United States by Fortune magazine and Dalio being nicknamed “the Steve Jobs of Investing” by .Īlthough Bridgewater does take part in short selling - once making $14 billion in a short selling frenzy on European stocks - it makes its decisions from a macro perspective. However, Dalio and his fund management firm aren’t exactly what most retail investors imagine when they think about hedge funds, which have earned a relatively negative reputation among some in the investing community. Like several other hedge fund managers, the firm is known for taking a quantitative or systematic approach to investing, a process that requires detailed mathematics and data analytics.įounded in 1975 by billionaire investor Ray Dalio, Bridgewater Associates has become a force to be reckoned with, amassing more than $150 billion in assets under management as of March 2021, according to the company’s website. With more than $248.9 billion in assets under management, the firm may only be a couple decades old, but it has grown to epic proportions.Īssets in the fund are invested in a variety of ways, including traditional securities and derivatives. The firm has been around since 1998 and serves institutional investors, financial advisors, and high net worth individuals from its main offices in Greenwich, Connecticut.
While the company manages a long list of hedge funds, it also offers a wide range of index funds and passively managed investing portfolios for the general public, which has helped the firm amass such a high AUM.ĪQR Capital Management was founded by Cliff Asness, David Kabiller, John Liew, and Robert Krail, all of whom are highly-regarded experts in financial markets. The firm was originally founded as a risk management and fixed-income institutional asset management firm, but with massive success in financial markets, it grew to become the world’s largest fund manager. The hedge fund firm has grown to become so large that its assets under management can’t be measured in billions it has about $9.5 trillion in assets on its books. Here’s a list of the largest hedge fund managers in the United States.īlackRock is a well-respected giant in the world of hedge funds, often talked about on the world’s leading financial media, and founded by moguls including Larry Fink, Susan Wagner, Robert S. The more money these funds have to throw around, the more capable they are when it comes to swaying investor opinion and tipping the scales of supply and demand.
Funds with a higher AUM are more popular than funds with lower total investment dollars to work with, representing a sign of strength.Īfter all, the stock market is a battle between the bears and the bulls, where cash is king and supply and demand is law. This term refers to the entire amount of money the fund has collected from investors. Hedge funds are measured in terms of assets under management (AUM). Get Priority Access Largest Hedge Fund Managers And they’re a lot cooler than Jeff Bezos. Why not Banksy or Andy Warhol? Their works’ value doesn’t rise and fall with the stock market.