In the face of the worst financial crisis since the
Depression of the 1930s, the Scandinavian hedge fund industry
has emerged from the economic storm in remarkably good health.
Despite a decline in global hedge fund assets and the closure
of hundreds of funds around the world over the past two years,
the flow of Scandinavian start-ups has not dried up and is
being partly driven by the resilient demand for hedge funds on
the part of Scandinavian institutional and retail investors.
This positive picture is backed up by EuroHedges latest
statistics which reveal that overall assets for single-manager
hedge funds have expanded from $20.4 billion in mid-2007 to
almost $23 billion by the end of September 2009. In addition,
the increase in the number of funds from 110 to 128 has helped
to fuel the steady growth in assets. As our accompanying charts
indicate, Scandinavias hedge funds are also...