UK hedge funds see assets jump, beat continental peers

Reuters – UK-based hedge funds saw their assets increase by $57 billion between January 2013 and April 2014, while fund managers in France, Spain and Germany posted a net decrease, data from Preqin research showed.

Firms headquartered in the UK now account for $423 billion in hedge fund assets, more than 10 times the amount of assets managed in any other single European country, it said in a statement.

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