Top 50 Hedge Funds in the United Kingdom 2021

2021 Top 50 UK Hedge Funds Overview

There are some minor changes for the 2021 top hedge fund rankings versus the list of top UK hedge funds for 2020. Global macro remains the most popular strategy among the top hedge funds in the UK.

Capula Investment Management, with over $100 billion USD in assets is the largest hedge fund in the UK, as well as Europe as a whole. Man Group and Brevan Howard, with $64 billion and $58 billion in AUM respectively, rank second and third among the biggest UK hedge funds.

The UK’s top 50 hedge funds manage a combined $432 billion USD / £315 billion GBP in assets. The four largest hedge funds in Europe are all based in London.

This page is from 2021, view the Top 50 UK Hedge Funds for 2023

Top 50 Hedge Funds in the UK 2021

List of the 50 biggest UK hedge funds for 2021 ranked by assets under management (AUM)

Rank Fund Name City Country AUM Other Strategies

1.0 Capula Investment Management LLP London United Kingdom 105,951.6 Absolute Returns, Credit

2.0 Man Group London United Kingdom 64,740.6 Global Macro, Convertibles, Crypto

3.0 Brevan Howard Asset Management London United Kingdom 58,630.0 Global Macro, Commodities

4.0 Lansdowne Partners London United Kingdom 31,740.0 Absolute Returns, Global Macro, Long/Short

5.0 Arrowgrass Capital Partners London United Kingdom 21,208.4 Convertibles, Multi Strategy, Credit

6.0 Marshall Wace London United Kingdom 18,854.4 Global Macro, Multi Strategy

7.0 Aviva Investors London United Kingdom 16,044.9 Convertibles, Multi Strategy, Global Equity

8.0 LMR Partners London United Kingdom 15,350.0 Global Macro, Event Driven

9.0 Investcorp London United Kingdom 14,932.5 Convertibles

10.0 BlueCrest Capital Management London United Kingdom 9,000.0 Multi Strategy, Managed Futures, Emerging Markets, Global Macro

11.0 Blue Mountain Capital Partners London United Kingdom 7,100.0 Managed Futures, Credit

12.0 The Children's Investment Fund Foundation London United Kingdom 7,000.0 Long/Short

13.0 Edgbaston Investment Partners London United Kingdom 6,336.6 Asian Equity

14.0 Investec Asset Management London United Kingdom 6,210.0 Multi Strategy

15.0 Stone Milliner Asset Management London United Kingdom 5,380.0 FX, Global Macro, Fixed Income, Emerging Markets

16.0 Cantab Capital Partners Cambridge United Kingdom 4,910.0 Global Macro, Quantitative

17.0 Cyrus Capital Partners London United Kingdom 4,703.5 Special Situations, Arbitrage, Distressed Assets, Credit

18.0 Highclere International Investors London United Kingdom 4,325.8 Small Cap

19.0 Altima Partners London United Kingdom 3,656.6 Special Situations

20.0 RWC London London United Kingdom 3,569.9 Absolute Returns, Long/Short, Emerging Markets

21.0 Oceanwood Capital Management London United Kingdom 3,347.4 Credit, Distressed Assets

22.0 Rokos Capital Management London United Kingdom 2,194.2 Global Macro

23.0 Cheyne Capital London United Kingdom 2,007.9 Real Estate, Fixed Income, Long/Short, Convertibles

24.0 Ashmore Investment Management London United Kingdom 1,686.0 Emerging Markets, Multi Strategy, Fixed Income

25.0 36 South Capital Advisors London United Kingdom 1,546.9 Global Macro

26.0 Algebris Investments London United Kingdom 1,375.6 Credit, UCITS, Emerging Markets, Global Macro

27.0 Argentem Creek UK LLP London United Kingdom 1,036.9 Credit, Emerging Markets

28.0 Barings London United Kingdom 914.2 Fund of Funds, Multi Strategy

29.0 Systematica Investments London United Kingdom 797.8 Commodities

30.0 Polar Capital Partners London United Kingdom 674.9 Long/Short, Convertibles

31.0 Egerton Capital London United Kingdom 631.8 Long/Short

32.0 H2O Asset Management London United Kingdom 572.4 Absolute Returns, Fixed Income, Long/Short, Global Macro

33.0 Janus Henderson London United Kingdom 535.0 Global Macro, Long/Short

34.0 Wimmer Horizon London United Kingdom 475.8 Managed Futures, Commodities, FX

35.0 Alcentra London United Kingdom 438.0 Distressed Assets

36.0 Finisterre Capital London United Kingdom 431.6 Fixed Income, FX, Special Situations, Emerging Markets

37.0 Squarepoint Ops London United Kingdom 431.2 Quantitative

38.0 HSBC Alternative Investments London United Kingdom 425.2 Multi Strategy, Global Macro, Emerging Markets, Fund of Funds

39.0 CQS Investment Management Limited London United Kingdom 392.8 Multi Strategy, Convertibles, Long/Short, Fixed Income

40.0 Winton Capital Management London United Kingdom 370.1 Managed Futures, Absolute Returns, Long/Short

41.0 Toscafund Asset Management London United Kingdom 289.0 Long/Short, Event Driven, Real Estate, Credit

42.0 MKP Capital Europe London United Kingdom 219.5 Multi Strategy

43.0 Odey Asset Management London United Kingdom 219.5 Absolute Returns, Long/Short

44.0 Insight Investment London United Kingdom 210.2 Fixed Income

45.0 Lindsell Train Limited London United Kingdom 197.5 Fixed Income, Asian Equity, Global Macro, Long/Short

46.0 CapeView Capital LLP London United Kingdom 179.6 Credit, Long/Short

47.0 Oxford Asset Management Oxford United Kingdom 147.2 Absolute Returns, Global Macro

48.0 Lindengrove Capital Llp London United Kingdom 136.2 Global Macro

49.0 Two Sigma International Limited London United Kingdom 94.4 Long/Short

50.0 GSA Capital London United Kingdom 2.0

Rank	Fund Name	City	Country	AUM	Other Strategies
1.0	Capula Investment Management LLP	London	United Kingdom	105,951.6	Absolute Returns, Credit
2.0	Man Group	London	United Kingdom	64,740.6	Global Macro, Convertibles, Crypto
3.0	Brevan Howard Asset Management	London	United Kingdom	58,630.0	Global Macro, Commodities
4.0	Lansdowne Partners	London	United Kingdom	31,740.0	Absolute Returns, Global Macro, Long/Short
5.0	Arrowgrass Capital Partners	London	United Kingdom	21,208.4	Convertibles, Multi Strategy, Credit
6.0	Marshall Wace	London	United Kingdom	18,854.4	Global Macro, Multi Strategy
7.0	Aviva Investors	London	United Kingdom	16,044.9	Convertibles, Multi Strategy, Global Equity
8.0	LMR Partners	London	United Kingdom	15,350.0	Global Macro, Event Driven
9.0	Investcorp	London	United Kingdom	14,932.5	Convertibles
10.0	BlueCrest Capital Management	London	United Kingdom	9,000.0	Multi Strategy, Managed Futures, Emerging Markets, Global Macro
11.0	Blue Mountain Capital Partners	London	United Kingdom	7,100.0	Managed Futures, Credit
12.0	The Children's Investment Fund Foundation	London	United Kingdom	7,000.0	Long/Short
13.0	Edgbaston Investment Partners	London	United Kingdom	6,336.6	Asian Equity
14.0	Investec Asset Management	London	United Kingdom	6,210.0	Multi Strategy
15.0	Stone Milliner Asset Management	London	United Kingdom	5,380.0	FX, Global Macro, Fixed Income, Emerging Markets
16.0	Cantab Capital Partners	Cambridge	United Kingdom	4,910.0	Global Macro, Quantitative
17.0	Cyrus Capital Partners	London	United Kingdom	4,703.5	Special Situations, Arbitrage, Distressed Assets, Credit
18.0	Highclere International Investors	London	United Kingdom	4,325.8	Small Cap
19.0	Altima Partners	London	United Kingdom	3,656.6	Special Situations
20.0	RWC London	London	United Kingdom	3,569.9	Absolute Returns, Long/Short, Emerging Markets
21.0	Oceanwood Capital Management	London	United Kingdom	3,347.4	Credit, Distressed Assets
22.0	Rokos Capital Management	London	United Kingdom	2,194.2	Global Macro
23.0	Cheyne Capital	London	United Kingdom	2,007.9	Real Estate, Fixed Income, Long/Short, Convertibles
24.0	Ashmore Investment Management	London	United Kingdom	1,686.0	Emerging Markets, Multi Strategy, Fixed Income
25.0	36 South Capital Advisors	London	United Kingdom	1,546.9	Global Macro
26.0	Algebris Investments	London	United Kingdom	1,375.6	Credit, UCITS, Emerging Markets, Global Macro
27.0	Argentem Creek UK LLP	London	United Kingdom	1,036.9	Credit, Emerging Markets
28.0	Barings	London	United Kingdom	914.2	Fund of Funds, Multi Strategy
29.0	Systematica Investments	London	United Kingdom	797.8	Commodities
30.0	Polar Capital Partners	London	United Kingdom	674.9	Long/Short, Convertibles
31.0	Egerton Capital	London	United Kingdom	631.8	Long/Short
32.0	H2O Asset Management	London	United Kingdom	572.4	Absolute Returns, Fixed Income, Long/Short, Global Macro
33.0	Janus Henderson	London	United Kingdom	535.0	Global Macro, Long/Short
34.0	Wimmer Horizon	London	United Kingdom	475.8	Managed Futures, Commodities, FX
35.0	Alcentra	London	United Kingdom	438.0	Distressed Assets
36.0	Finisterre Capital	London	United Kingdom	431.6	Fixed Income, FX, Special Situations, Emerging Markets
37.0	Squarepoint Ops	London	United Kingdom	431.2	Quantitative
38.0	HSBC Alternative Investments	London	United Kingdom	425.2	Multi Strategy, Global Macro, Emerging Markets, Fund of Funds
39.0	CQS Investment Management Limited	London	United Kingdom	392.8	Multi Strategy, Convertibles, Long/Short, Fixed Income
40.0	Winton Capital Management	London	United Kingdom	370.1	Managed Futures, Absolute Returns, Long/Short
41.0	Toscafund Asset Management	London	United Kingdom	289.0	Long/Short, Event Driven, Real Estate, Credit
42.0	MKP Capital Europe	London	United Kingdom	219.5	Multi Strategy
43.0	Odey Asset Management	London	United Kingdom	219.5	Absolute Returns, Long/Short
44.0	Insight Investment	London	United Kingdom	210.2	Fixed Income
45.0	Lindsell Train Limited	London	United Kingdom	197.5	Fixed Income, Asian Equity, Global Macro, Long/Short
46.0	CapeView Capital LLP	London	United Kingdom	179.6	Credit, Long/Short
47.0	Oxford Asset Management	Oxford	United Kingdom	147.2	Absolute Returns, Global Macro
48.0	Lindengrove Capital Llp	London	United Kingdom	136.2	Global Macro
49.0	Two Sigma International Limited	London	United Kingdom	94.4	Long/Short
50.0	GSA Capital	London	United Kingdom	2.0

Want more details on more than 500 hedge funds in the UK?

Download the UK Hedge Funds List in Excel format with 35 columns of information on each fund.

Key Stats on Top 50 UK Hedge Funds in 2021

48 of the top 50 UK hedge fund managers are based in London

1 of the top 50 hedge funds in the UK for 2021 is based in Cambridge

1 of the 50 largest hedge funds for 2021 is based in Oxford

The top 50 hedge fund companies in the UK have $431 billion USD / £315 billion GBP in assets under management (AUM)

The average AUM of the top 50 hedge funds in Europe for 2021 is $8.63 billion USD / £6.30 billion GBP

The median AUM of the top 50 hedge funds for 2021 is $1.46 billion USD / £1.07 billion GBP

The average number of employees at the top 50 European hedge funds is 22

Get the full list of all UK hedge funds in Excel format

The UK Hedge Fund List has 35 categories of detailed information on all the funds above plus nearly 500 additional hedge funds based in Europe. Everything from website to emails to senior staff, hiring status, number of clients and more is included. And it’s delivered in Excel format for easy use with any spreadsheet program or contact management system.

View full details of the UK Hedge Fund List