Alternative assets under administration jump 18.8% in 2018 – eVestment
July 1, 2019 | Rob Kozlowski | Pionline.com
Alternative assets under administration as of Dec. 31 totaled $10 trillion, up 18.8% from the prior year, according to a new survey from eVestment.
SS&C Technologies ranked first among firms with total alternative assets under administration of $1.69 trillion as of Dec. 31. State Street Alternative Investment Solutions was second with $1.202 trillion, followed by Citco Fund Services at $1.2 trillion, and Bank of New York Mellon’s alternative investment services business at $963.2 billion.
The rankings were identical as the previous year, as of Dec. 31, 2017, when SS&C ranked first at $1.52 trillion. State Street Alternative Investment Solutions was second with $1.27 trillion, followed by Citco Fund Services at $1.156 trillion and BNY Mellon’s alternative investment services business at $912.9 billion.
