In this piece, we will take a look at the five best hedge funds to work for. For more hedge funds, head on over to 15 Best Hedge Funds to Work For.
5. Brevan Howard Asset Management LLP
Gains In 2022: $5.1 billion
Brevan Howard Asset Management LLP is one of the largest asset managers in the world, since it had $23 billion in assets as of June 2022. The fund is headquartered in the Bailiwick of Jersey but domiciles its funds in the Cayman Islands. Its funds primarily invest in the London Stock Exchange, and it made $5.1 billion in net gains last year. Brevan Howard Asset Management LLP gains since inception sit at $28.1 billion.
4. Bridgewater Associates LP
Gains In 2022: $6.2 billion
Bridgewater Associates LP is one of the best known hedge funds in the world, primarily due to its founder Mr. Ray Dalio. While Mr. Dalio has retired from the fund’s top role, his name is still associated with the hedge fund. Bridgewater is the largest hedge fund in the world in terms of total assets, which stood at $126 billion as of June 2022. Last year, the hedge fund made $6.2 billion in net gains, and its gains since inception stand at $58.4 billion – the second highest figure on our list.
Follow Ray Dalio's Bridgewater Associates
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3. Millennium Management LLC
Gains In 2022: $8 billion
Millennium Management LLC is one of the oldest hedge funds in the world, since it was set up in 1989. It is also the fourth largest fund in the world in terms of total assets, with total assets of $54.9 billion last year. The firm has a unique investment model, where it operates hundreds of different teams that are empowered to make their own decisions. Millennium Management LLC posted $8 billion in returns last year, and its returns since inception are $50.4 billion.
Follow Israel Englander's Millennium Management
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2. The D. E. Shaw group
Gains In 2022: $8.2 billion
The D. E. Shaw group is one of the more hardcore hedge funds in the world in terms of its trading approach which uses high level mathematics to make investment decisions. This has made its founder, Dr. D.E. Shaw into a billionaire, and allowed the hedge fund to post $8.2 billion in returns last year at a time when other funds nearly collapsed. Since its inception, The D. E. Shaw group has posted $51.9 billion in returns – the third highest on our list.
Follow David E. Shaw's D E Shaw
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1. Citadel LLC
Gains In 2022: $16 billion
Citadel LLC is an American hedge fund that is headquartered in Florida and was set up in 1990. It uses a variety of different investment strategies, such as equities and commodities, to manage its funds. Citadel LLC tops both our list of the best hedge funds to work for by posting $16 billion in gains last year as well as having the highest gains since inception of $65.9 billion.
Follow Ken Griffin's Citadel Investment Group
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Disclosure: None. You can also take a look at 10 Hot Growth Stocks To Buy Now and 15 Best Short-Term Stocks to Buy.
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