WSJ – A return of investor enthusiasm has helped Europe’s largest hedge funds lift their assets by more than a fifth over the past year, according to Financial News’s annual review of the industry, 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% to $146 billion over the 12 months ending June 30. The previous year’s Top 10 had seen their assets fall by 33% compared with June 2008.
