From evestment site,
For finance and investment pros looking to start or work for a hedge fund, cities with larger concentrations of other funds might be the best places to consider for their networks of people and resources. With that in mind, eVestment, the global leader in institutional investor data and analytics, mined its database to find the United States and global cities with the biggest concentrations of hedge funds.
In the United States, the cities where the most hedge funds are based are:
1. New York
4. San Francisco
5. Greenwich, Conn.
6. Los Angeles
10. Princeton, N.J.
Globally, the top cities where hedge funds are based are:
1. New York
5. Hong Kong
7. San Francisco
8. Greenwich, Conn.
9. Los Angeles
eVestment also looked at the geographic distribution of hedge fund launches going back to 2009. In 2015, London (No. 1), New York (No. 2), Boston (No. 3), Chicago (No. 4) and Hong Kong (No. 5) held the top five spots for hedge fund launches. These five cities, in slightly different orders, dominated hedge fund launches 2014 as well. In previous years, cities like Toronto, Canada; Greenwich, Conn.; and San Francisco also cracked the top 5.
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For more insight into traditional and alternative institutional investment trends and unique reports on the investment industry based on eVestment’s data, please visit our research reports section here.
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