Billion Dollar Club

Recovery gathers pace as European hedge fund assets rise 11% in 2010

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Decent performance and fast-accelerating inflows fuelled a rebound in European hedge fund assets last year. And there is growing evidence that the industry’s revival is quickening

European hedge fund assets began to move decisively north again in the second half of 2010 as accelerating inflows and generally decent performance combined to fuel the industry’s increasingly robust recovery from its earlier deep downturn in 2008 and 2009.

The annual end-of-year survey by the EuroHedge data and research team shows that total assets in the European hedge fund industry have rebounded to $423 billion by the end of 2010, compared with a figure of $382 billion at the end of 2009.

Virtually all of that 11% gain came in the second