(Bloomberg) Europe’s hedge-fund industry is recovering strongly, with assets surging to 587 billion euros ($683 billion) as of March, according to industry tracker Preqin. Investors are flocking back to the market in search of assets that can still provide a return at a time of record-low interest rates. Hedge funds boosted assets by almost 10 percent in 2017, while their gains beat benchmark European and U.K. stock indexes, Preqin said.
Hedge Funds in Europe Grow to $683 Billion as Investors Return
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