DowJones – A return of investor sentiment has helped Europe’s largest hedge funds lift their assets by more than a fifth over the past year, according to Financial News’ annual review of Europe’s biggest hedge funds, but a preference for big firms has made it difficult for new entrants to break into the top 10.
Europe’s 10 largest firms saw their assets under management rise by 22% over the 12 months to June 30, to $146bn (€114bn). The previous year’s top 10 had seen their assets fall by 33% compared with June 2008.
