Telegraph – Activist hedge funds have tripled the amount of money under management in the past five years and are aiming their cash piles at Europe, according to research compiled by FTI Consulting and Hedge Fund Research.
Such funds managed more than $93bn (£55bn) last year, almost triple that of five years ago and 42pc up from an estimated $65bn in 2012. The overall hedge fund industry is worth around $2.5? trillion.
