Congratulations to Albert Bauer and team on being nominated in the SAP Innovation Awards for the Disrupting Hedge Fund Administration via Machine Learning category.

Citco remains the top hedge fund administrator in Europe, striking NAVs worth more than twice the assets of its nearest rival – despite a small decline in the number of individual clients in 2017.

The firm has extended its traditional lead position in terms of overall European hedge fund administration, with a market share that is double that of its nearest competitors - and is also the leading player this year for the first time across all three of the different strategy areas that we group together for the survey (equity; arbitrage, event-driven, credit and multi-strategy; and macro, fixed-income and futures), as well as heading the new funds ranking again in 2015.

The survey represents the current state of the global alternative fund administration industry. We draw from conversations with a variety of firms across suze and location to provide a comprehensive assessment of the industry.