By Tom O’Brien,Bloomberg.comThe next wave of hedge funds may be on the rise, with many firms aiming to become profitable faster than their peers.
The most recent data from S&P 500 tracking company FactSet shows that U.S. companies that have made at least $100 million in revenue in the last three years, such as Apple, have made up the majority of the top 10 earners on the S&s list.
Apple’s $50 billion in revenue during that time period comes at the expense of the other top 10 companies on the list, including BlackRock Group Inc., Microsoft Corp., Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co., and Yahoo Inc.
“The top five hedge funds on S&ams list are more likely to be the ones that have outperformed their peers in the past, and that’s a positive sign for the future,” said Alex Zawadzki, chief investment officer at BlackRock, a unit of BlackRock Inc.
BlackRock, which owns about $400 billion in assets, ranked No. 4 in the S-1 tracking of hedge fund companies last year, up from No. 11 a year earlier.
The S&ing list includes only companies that are publicly traded, but many hedge funds have been investing in privately held companies, and some have been profitable.
A handful of hedge firms have become profitable, but the rest have seen their returns slow or drop sharply, according to FactSet.
Blackstone Group Inc. was the only hedge fund to make the list.
It ranks No. 10 on the top hedge funds list, with $25.2 billion in annual revenue, down slightly from $31.6 billion in 2016.
It’s a small gain, but it’s still a respectable one.
BlackRock also is a member of the SAC Global Advisory Board.
The top 10 hedge funds are also the only ones that make up a majority of U.K. companies on S-2, the top-heavy tracking list.
Blackstone, which has a $70 billion market cap, ranks No 1 on the group, while BlackRock and Vanguard Group Inc are each in the top five.
Vanguard Group Inc.’s $3.8 trillion market cap and $1.3 trillion of assets are up sharply from 2016, while Vanguard is a major beneficiary of the rising stock market, according the SABMiller Index.
Viking is up a whopping $8.9 trillion, while other large-cap stocks like Exxon Mobil Corp. and BlackRock are down.
Blackrock, which had $21.2 trillion in market cap at the end of 2016, is a bigger beneficiary of stocks like Apple, BlackRock said in a statement.
The next decade is likely to bring even bigger returns for hedge funds, according an analyst at Morgan Stanley.
The average return on the index is 10.5%, Morgan Stanley analysts wrote in a report last week.
That’s an average of about 4% per year for the next decade, compared with about 2% for most other investment products, according.
The average return over the next 40 years is likely closer to 4.5% per annum, Morgan Stanley said.
“For investors, this is the year that they’re going to see a return to the levels we saw in the 2000s,” said Daniel K. Tarullo, an analyst with Morgan Stanley who co-wrote the report.
“The market is so overvalued that there’s so much noise.”
A recent survey of hedge-fund investors by Morningstar found that only one-third said their investment portfolio was better off today than it was three years ago.
“In fact, most of us see more risk now than we did before the financial crisis,” said Peter E. Miller, a senior vice president at Morningstar.
“Investors want more return.
And it’s easier to do that than to invest in a risky product.”
For investors who are looking for more of a return, hedge funds such as BlackRock may be an attractive investment option, according a report by investment research firm BlackRock.
BlackStone has a higher return profile than other hedge funds because of its smaller market cap.
The fund’s annual returns have been higher than the average for the S2 group since 2008.
Blackrock is also a member at least two other groups on the hedge funds S& amp;k list.
Vanguard and Blackstone have joined Vanguard Global Advisors Inc., which is a unit based in New York, and Vanguard Global Equity Holdings LLC, a company based in the U.KS.
Vanguard is also part of the International Fund Management Group.
“Vanguard’s investment strategy is focused on helping investors understand the best investment opportunities across the portfolio and to maximize their returns,” Vanguard spokesman Andrew Kosteski said in an email.
“BlackRock’s investment approach is focused in the sector it is focused.
We have a wide range of options to invest into these sectors, including investments