UK markets close in 4 hours 38 minutes
  • FTSE 100

    7,541.32
    -0.53 (-0.01%)
     
  • FTSE 250

    20,022.81
    -113.84 (-0.57%)
     
  • AIM

    921.15
    -3.41 (-0.37%)
     
  • GBP/EUR

    1.1770
    -0.0052 (-0.44%)
     
  • GBP/USD

    1.1845
    -0.0088 (-0.74%)
     
  • BTC-GBP

    18,303.99
    -1,608.93 (-8.08%)
     
  • CMC Crypto 200

    515.94
    -41.79 (-7.49%)
     
  • S&P 500

    4,283.74
    +9.70 (+0.23%)
     
  • DOW

    33,999.04
    +18.72 (+0.06%)
     
  • CRUDE OIL

    88.82
    -1.68 (-1.86%)
     
  • GOLD FUTURES

    1,763.60
    -7.60 (-0.43%)
     
  • NIKKEI 225

    28,930.33
    -11.81 (-0.04%)
     
  • HANG SENG

    19,773.03
    +9.12 (+0.05%)
     
  • DAX

    13,587.71
    -109.70 (-0.80%)
     
  • CAC 40

    6,523.41
    -33.99 (-0.52%)
     

Hedge fund assets grew in H1 despite performance losses-Eurekahedge

LONDON, July 19 (Reuters) - Hedge fund assets grew by $19.9 billion in the first six months of 2016 despite performance losses of $5.2 billion, industry tracker Eurekahedge said on Tuesday.

Of $25.1 billion in investor money added to hedge funds, $7.2 billion went to computer-driven hedge funds who were up 3.3 percent in June and 4.33 percent in the first half of the year, the firm said in a statement.

Closures have outpaced launches for six consecutive quarters in the European hedge funds industry, with 484 funds liquidating over that period, Eurekahedge added. (Reporting by Maiya Keidan; editing by Carolyn Cohn)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting