The results of Institutional Investor’s Alpha’s 15th annual Hedge Fund 100 ranking of global hedge fund firms by assets show that although the total assets managed by the 100 largest firms increased over the previous year, they rose by a paltry 1.5 percent, to $1.66 trillion at the beginning of 2016. This compares with the 7.6 percent increase reported last year and a 6 percent rise at the start of 2014.
Still, some firms managed to grow their assets substantially in 2015. This was particularly true of quantitative firms that employ computer-driven strategies. Altogether eight of the 12 largest hedge fund firms now rely mostly or totally on computers to make their investment decisions.