Billion Dollar Club

Recovery starts as European hedge fund assets rise by 10% in H2 2009


Assets in European hedge funds are finally starting to climb again after their sharp fall in 2008 and H1 2009. But there is a still a long way to go to get back to their 2007 peak levels

After falling sharply throughout the previous 18 months, assets in European hedge funds finally began to bounce back during the second half of 2009.

According to the latest survey by the EuroHedge research and data team, the European industry's assets under management reached a total figure of over $382 billion by the end of the year.

The new survey shows an increase in assets of close to 10% from the recent low of $350 billion that we recorded in our mid-year survey 2009. But this leaves the total still some way short of the figure of