2008-07-28ft.com

The rate of hedge fund launches in Europe slumped to a six-year low in the first half of 2008, according to industry publication EuroHedge, part of the Hedge Fund Intelligence group.

Just 106 funds opened their doors to new business, compared with 190 in the first six months of 2007, the lowest total since the 84 recorded in the bear market of 2002.



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