By Lydia Tomkiw

The hedge fund industry’s largest players have continued growing in size, despite pressure over fees and performance the last few years, with Bridgewater Associates remaining at the top of the pack, followed by fast-growing AQR Capital Management and Man Group, both of which grew assets by more than 40% since 2016, according to data compiled by Preqin.

The hedge fund space has continued to grow since the financial crisis in 2008 and many firms are now focused on building for the future, says Stuart Blair, director of research at Canterbury Consulting.

“What you have now is folks who are really focused on building an institution, not just a product or business that will just last with the founder,” he says.

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