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March 20, 2006

Hedge funds market Crosses US1.5 trillion mark

It is now being touted that the much hyped hedge funds industry now manages more than US Dollar 1.5 trillion in assets worldwide. In Europe alone, the hedge funds managed more than US Dollar 300 billion of investments, up almost 18 percent over last year. Forbes reports:

Two thirds of European hedge funds are managed out of London, representing 12.5 pct of the 8,000 worldwide. The figures have been compiled by HedgeFund Intelligence, which publishes EuroHedge, the industry bible for the European hedge fund markets.

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March 20, 2006 in Arbitrage | Permalink

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