Reuters – Investors have poured almost $200 billion into “hedge fund lite” and alternative funds based in Europe, data showed on Tuesday, as clients scarred by the credit crisis seek transparent ways to access hedge fund returns.
Figures from research group Strategic Insight show the assets invested in so-called Ucits funds, which came from investors in areas such as Asia, Latin America and the United States as well as Europe, went into more than 1,000 of these alternative and absolute return funds.
