Forbes – The hedge funds industry now manages more than 1.5 trln usd worldwide, figures obtained by The Daily Telegraph reveal.
Hedge funds managed in Europe alone account for more than 300 bln usd (172 bln stg) of investments, up almost 18 pct in the past year, the newspaper said.
Two thirds of European hedge funds are managed out of London, representing 12.5 pct of the 8,000 worldwide.
