Nick Evans, editor, EuroHedge
After the pain and panic of 2008, the European hedge fund
industry needed a good year of recovery and rehabilitation in
2009. And that is exactly what it got. Performance was the best
for several years. Assets started to flow back into the
industry from a wide range of institutional and private
investors, albeit after a very significant decline, with
inflows accelerating into 2010.
The flow of new funds started to pick up too, albeit from
record low levels, with some big new launches emerging in the
closing weeks of last year and a number of significant new
entries lined up for the early part of this year too.
And President Obama's announcement in January of the new
Volcker rule in the US, banning deposit-taking banks from
proprietary trading and from owning, investing in or sponsoring
hedge funds and private equity funds, could provide another