Industry Analysis

New hedge fund launches show first year-on-year rise in the last four years


New fund launches in Europe showed year-on-year growth for the first time since 2006 last year – both in numbers and in assets. But the pace is still way below its pre-crisis peak levels

The pace of new hedge fund launches in Europe continued to recover in 2010 as the industry’s revival from the lows of late 2008 and early 2009 began to take root – although the overall level of new launch activity remains a long way below its pre-crisis peak.

That is the key finding of the annual survey of new hedge fund launches conducted by the EuroHedge research and data team – which shows that some 157 new hedge funds launched in Europe in the 2010 calendar year, raising combined assets of some $11.8 billion.