New York (HedgeCo.Net) – 179 new hedge funds launched in 3Q 2014, an increase from Q2 of 11% hedge fund research shows.
North America-based hedge fund managers represented a significant rise in the proportion of total hedge fund launches in the last quarter, increasing from 66% in Q2 2014 to 83% in Q3, Preqin reports.
Hedge fund managers are finding attractive investment opportunities in this region, as the proportion of hedge fund launches predominantly targeting North America increased from 21% in Q2 2014 to 29% in Q3 2014 – the highest level reached since Q1 2012.
In contrast, the number of hedge fund launches that employed a global investment focus decreased by 13 percentage points to 46% in Q3, the lowest proportion seen since Q1 2012.
