50 Global Top Hedge Funds (2)

July. 02,2023
50 Global Top Hedge Funds (2)

5) Harris Associates L.P.


Founded in 1976, Harris is headquartered in Chicago and has $103 billion under management. The Chicago team includes 39 investment research staff and a total of 199 employees.


Harris is a value investment fund that believes in the power of research and doesn't look to Wall Street for investment answers. It views every stock purchase as an investment in a business.Harris's managers are able to operate effectively, focus on Cash flow profile, wise asset allocation. It believes that a company's value over the long term reflects its true value.


Harris' investment approach is driven by value investing. It buys when a company's stock is worth less than its true value and has a small portfolio (about 20 to 70 shares). only), allowing the investment manager's best investment ideas to have a large impact on investment performance. It is more interested in free cash flow and company management than in low P/E and low P/E ratios. It also looks for undervalued franchises or the potential value of a company's restructuring. In terms of methodology, it first applies a rigorous quantitative approach to identify companies that meet initial investment criteria, and then analysts use a rigorous Bottom-up research to determine if the company is worth buying, and then in turn, the investment manager and senior investment committee decide whether or not to Add to the list of potential investments.

 

 

6) Och-ZiffCapital Management Group


Founded in 1994, the company has approximately $39.1 billion in assets under management and employs 611 people, of whom 177 are employees. The name is Investment Researcher. Headquartered in New York, with offices in London, Hong Kong, Mumbai, Beijing, Shanghai, Dubai and Houston.


The firm wants to maintain asset values during market downturns, focusing its research on fundamentals and limiting the use of leverage. In terms of investment strategy, it mainly uses multiple strategies. It also includes methods such as convertible and derivative arbitrage, corporate credit, long/short positions, merger and acquisition arbitrage, private investment, and structured credit. In general, the composition of the portfolio is determined after assessing the best market opportunities for each fund, taking into account the funds' Self-diversification goals and asset protection.


The firm places great importance on maintaining long-term relationships with institutional clients around the world. Clients include pensions, master funds, foundations, college endowments, corporations, private banks, family offices, and more.

 

 

7) First Eagle Investment Management


This is a company founded in 1864 (formerly Arnhold and S. Bleichroeder). Advisers, LLC.), a U.S. investment management firm headquartered in New York with an office in Tokyo. It is an advisor to First EagleFunds. The firm has $97 billion under management.


As an investor, the firm believes that there is no one simple "right way" to reach a goal. Fundamentally, the firm emphasizes resilient, market-independent, absolute return-oriented investments.


The company invests only a small percentage of its assets in stocks and options. For equity investments, it focuses on small-cap value stocks. For the fixed-income portfolio, it invests primarily in high-yielding, below-investment-grade targets.


According to the latest ads, the firm has about 174 full- and part-time employees and over 200 clients.


8) D.E. Shaw & Co.


In today's hedge fund industry, technology is becoming a key factor in profitability. One positive example is DeShawn, which was founded in 1988.


The firm was founded in 1988. Its founder, David E. Shaw, is a computer science teacher at Columbia University and a former government technology consultant. Under his leadership, De Shao has a strong focus on quantitative trading and has been featured in several media reports on his high-speed trading systems. Under his leadership, De Shao has a strong focus on quantitative trading, and its high-speed trading systems have been featured in numerous media reports.


Today, the company manages $30 billion and employs more than 1,300 people, and, as mentioned above, has a strong focus on quantitative trading. The use of skills in investing has also developed highly sophisticated computer technology for trading. In addition, De Shao also had private equity investments and invested some of its assets in technology companies.


Finally, it's worth mentioning the story of the founder of De Shao. After graduating from Stanford with a PhD, he quickly took a faculty position at Columbia University and then joined Morgan Stanley's quantitative division. Two years later, after losing an internal battle at the firm, he founded the Deshau Fund, which used high-frequency trading techniques rarely seen at the time on Wall Street. Yoknapatawpha took advantage of the market's ineffectiveness to shear the market. By 2015, his personal wealth had reached $4.1 billion. Not content with that, however, he revealed his inner geek nature and went back to computational chemistry! He hired a group of basic science Ph.D.'s and founded D.E. Shaw Research in 2004 and spent three years Time to develop Anton's first generation, 10,000 times faster than the average supercomputer! Since then, the team has continued to receive publication opportunities in the world's leading scientific journals, and its academic reputation has been on the rise.


The life of a genius needs no explanation, however, behind the trend of combining finance and technology is also seen. Finance may become the rule of the future as he who wins technology wins finance.