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Hedge Funds

SIC 6726 | NAICS 525990

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.

Select from the following sections or scroll below to view available resources:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

Private Equity Funds, Hedge Funds, & Other Investment Vehicles  (view report)

Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Key statistics
  • Market size and characteristics
  • Current performance
  • Competitive landscape
  • Major companies
  • Key risk and success factors
  • Five-year growth forecast

About The Industry
Introductory section provides an overview of the industry and investment strategies used by its participants (e.g., global macro, distressed securities, emerging markets, market timing, multi-strategy, special situations) and includes references to additional sources of information. All information is accessible free online.

First Research

Hedge Fund Management
First Research profiles cover key aspects of an industry's size, scope, and operations, and include a five-year revenue growth forecast. Profiles are updated quarterly and include:
  • Industry overview
  • Recent developments
  • Critical issues and challenges
  • Business trends and opportunities
  • Executive insights
  • Financial benchmarking data
  • Five-year growth forecast

Industry Research
Research section includes articles and publications from a variety of sources covering various aspects of the business, with topics covered including investment strategies, business practices, performance indexes, regulatory and compliance issues, tax developments, and more. All items are available free online.

HFR Industry Reports
Subscription service provides detailed information on the growth and composition of various sectors, with individual report titles including "Global", "Market Microstructure", "Asian", and "Emerging Markets". Summary description, detailed list of materials included, and sample excerpts from the reports are available online.

Alternative Investment Management Association
AIMA/ KPMG State of the Global Hedge Fund Industry
Comprehensive studies provide in-depth analysis of the industry on a global basis, with topics covered including fund performance, return and risk characteristics, diversification benefits, geographic implications, investor expectations, and changing regulatory landscape. Studies can be downloaded and viewed online.

Financial Benchmarking Data

Industry Financial Ratios
Investment Funds  Search for "5259"
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
  • Income and expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Capital structure and debt service ratios

IBISWorld Industry Research Reports
Private Equity Funds, Hedge Funds, & Other Investment Vehicles

Cost structure benchmarks section of these reports provide an analysis of industry costs and profits as a percentage of revenue by income and expense category (e.g., purchases, wages, depreciation, marketing, rent and utilities, other expenses, and earnings before interest and taxes) and includes commentary on trends and expectations for specific categories. Sample report can be downloaded and viewed online.

Compensation Surveys

Institutional Investor Magazine
Compensation Report
Annual compensation report provides base salary, cash bonus, total bonus, and total compensation by job position for single manager and multi-strategy funds, with survey data broken by geographic region, level of education, years of experience, firm size/assets under management, number of employees, investment style, and year founded. Selected summary data and detailed table of contents are accessible free online.

Job Search Digest
Compensation Report
Annual compensation survey provides base salary and cash bonus data for investment, management, and administrative personnel, with salary and bonus data broken out by group size (number of employees), firm size (number of employees), and fund performance. Sample report which includes the table of contents, a detailed list of figures, and selected excerpts from the survey can be downloaded and viewed free online.

Glocap Search, LLC
Glocap Compensation Report
Comprehensive compensation study provides base salary and bonus data by fund size and performance for investment professionals, traders, and other management and administrative personnel based on candidate and placement data and input from Glocap personnel recruiters and client HR personnel, and also includes additional analysis and commentary concerning the factors that affect compensation for various personnel.

Business Valuation Resources

Alternative Investment Management Association
AIMA Guide to Sound Practices for Hedge Fund Valuation
International valuation guide provides guidance and recommendations for use by firms in developing and disclosing fair value measures for financial reporting purposes, with topics covered including governance; transparency; processes, procedures, and systems; and sources, pricing models, and methodology.