GLOBAL - More new hedge funds launched in the first quarter of 2011 than any time since 2007, fuelled by a tailwind of industry assets breaching $2trn for the first time, research shows.
This year to March, 298 launched, but liquidations also rose to their highest level in 12 months, with 181 funds closing down - a failure rate of nearly 2%, according to data monitors Hedge Fund Re...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders