EuroHedge billion dollar firms shrink 12% in first half

With assets down 12% since January to $350 billion, only 12 firms have $5 billion plus.

By Nick Evans

In the global decline of hedge fund assets, Europeans have fared worse than either the much bigger U.S. industry or the smaller Asian one. European hedge fund assets have fallen by almost 40% from their peak of $575 billion in mid-2008, to about $350 billion.

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