Europe Turns Hedge-Fund Hotspot as Economic Growth Picks Up

(Bloomberg) Europe is on a mini-streak with hedge-fund investors as the prospect of faster economic growth and fading political risk help restore confidence in the region.

Money pools investing across Europe attracted additional capital for the second straight month in June, following a 12-month stretch in which almost $16 billion was pulled out, according to data compiled by eVestment. The continent’s success contrasts with Asia and the U.S., where investors have pulled money from hedge funds.

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