Hedge funds in UK

By

ACKNOWLEDGEMENT

I would like to take this chance for thanking my research facilitator, friends & family for support they provided & their belief in me as well as guidance they provided without which I would have never been able to do this research.

DECLARATION

I, (Your name), would like to declare that all contents included in this thesis/dissertation stand for my individual work without any aid, & this thesis/dissertation has not been submitted for any examination at academic as well as professional level previously. It is also representing my very own views & not essentially which are associated with university.

Signature:

Date:

ABSTRACT

This report examines the determinants of the location of the growing Hedge fund managers in the British capital. Faced with the development this activity, it is indeed necessary to consider the springs London's attractiveness, particularly in view of the Paris. It should also include thinking in a broader perspective reflection on the prudential implications of this migration and need for European legislation tailored to the risks inherent this activity with the subprime crisis and its impact on the market Securitization and banking illustrate the magnitude. Indeed, recent decades have seen the continuation of the pace of financial innovations introduced in the 80s. The development of new technologies Information and communication (ICT) has helped lower costs transaction and the increase in international capital movements. These elements combined with regulatory harmonization within the European Union and the establishments of major European groups have contributed to the transformation of the industry asset management. Asset management has institutionalized by business and functions through the establishment of subsidiaries within groups by conglomerates and outsourcing certain activities. In particular, some companies specialize in back office activities (Administration, custodian, reporting) have long residence at the Luxembourg or Ireland. Hedge funds are less correlated to an equity index in market decline and more closely to correlated in market upswings. After a research we have made and looking into some main statistics and some hedge funds publications results, we have noticed that most of the times, hedge funds have failed to deliver absolute returns. Furthermore our results of my research indicate that hedge funds they are able to deliver better risk adjusted returns and manage to increase their correlation when market declines. The 2010s saw the core business of asset management, provision of funds, learn about new developments: for example, lengthening multifaceted chain of delegations, the emergence of multi-management (the creation fund of funds) and therefore, by country, the development of an architecture open or integrated within financial groups. Therefore, customers (individuals as institutional) were offered funds designed and managed by third-party management companies, their partner no longer a mere distributor. Many of these developments have affected the management alternative. Funds managed by it, called hedge funds, experiencing success growing since the mid-1990s and have remained relatively resilient to the bursting of the dotcom bubble. In late 2006, hedge funds represent an outstanding nearly 1 500 billion, as against less than $ 100 billion 10 years earlier and to ...