(Bloomberg) Europe is suddenly the hot market for hedge-fund investment. After years of being overlooked, the continent is attracting capital from investors who want to take advantage of a recovering economy as the last effects of the euro-zone debt crisis disappear. Buyers are also piling in to diversify portfolios swelled by the stock-market boom — which after this week’s correction looks like a prescient move.
Hedge-Fund Investors Flock to Europe as Economic Woes Banished
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