Reuters – New European hedge fund launches are starting life with more client capital than ever, data from EuroHedge showed on Wednesday, as investors put their faith in a select band of managers they think can guide them through choppy markets.
The average size of offshore hedge funds launched in Europe during the first six months of this year was $116 million, almost double the $65 million seen in the first half of last year and higher than in any previous six-month period, the data group said on Wednesday.
