European hedge funds come back

European hedge fund assets increased 11% last year, marking the first yearly increase since 2007

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By Nick Evans

European hedge fund assets fell sharply after the financial crisis of 2008, but the industry is finally getting its mojo back. Thanks to a combination of solid performance and increased investment into these funds, total hedge fund assets in Europe have jumped 11% over the past year, climbing to $423 billion at the end of 2010 from $382 billion at the end of 2009—the first year-on-year increase in assets since 2007, according to the latest EuroHedge survey of European hedge fund assets.

Virtually

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