Reuters – Former Taconic Capital Advisors portfolio manager Kelly Hampaul is preparing to launch his own hedge fund in the second half of the year, sources said, joining a string of other high profile European start-ups expected in coming months.
A combination of buoyant equity markets and divergent monetary policies has helped push first-quarter European hedge fund returns past 4 percent, giving them their best start for three years, data from industry tracker Eurekahedge showed.