The climate for new launches has never been harsher than in the first half of this year. But activity is picking up and there could be some big new launches in the second half
European hedge fund launches in the first six months of this year slumped to their lowest level since EuroHedge first began covering the industry 10 years ago.
That is the stark conclusion from the latest semi-annual survey of new funds by the EuroHedge data and research team, which shows that fewer than 50 new funds started trading in the first half of the year - raising a combined total of just over $2 billion in assets.
The $2.09 billion volume of overall assets raised is the lowest first-half figure ever - below the figures of $3 billion for the first