Hedge Fund Investors Returning to Europe as Crisis Concerns Fade
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Hedge-fund investors are returning to Europe after concluding that the sovereign debt crisis has eased enough for traders to make money in the region again, according to a survey by Credit Suisse Group AG.
Net demand among clients for hedge funds focused on Europe climbed to positive 26 percent from negative 2 percent a year ago, the biggest swing in sentiment of 13 geographic regions tracked by the Zurich-based bank. The figure is derived by subtracting the number of investors who say they intend to redeem money from hedge funds from those who say they plan to add assets, Credit Suisse said in a report today.