If - as they say - the night is darkest before the dawn,
then the results of the latest EuroHedge half-year new fund
survey should indicate that the European hedge fund industry's
post-crisis new-launch trough must be somewhere near its
The first-half 2012 survey by the EuroHedge data and
research team presents a stark picture of a new-fund-launching
environment in Europe beset by market volatility, by regulatory
uncertainty, by investor caution and by escalating business
More than anything, though, the start-up environment remains
plagued by the ever-present and all-encompassing Eurozone
political and financial crisis that has cast such a pall across
the region's entire business and investment climate.
The H1 2012 survey shows that only 37 new offshore European
hedge funds were confirmed as having launched in the first six
months of the year - the lowest first-half total since
EuroHedge began surveying the new fund market...