Fund groups in Europe believe launching hedge funds is no longer as attractive as launching long-onl...
Fund groups in Europe believe launching hedge funds is no longer as attractive as launching long-only equity funds. The shift, according to recent research conducted with 61 European fund groups by online funds data provider Morningstar, comes as fund groups show increased optimism in equity markets. Questioned in April, 66% believe launches in Europe will be dominated equity funds, up from just 47% in January, providing an index of what kind of products groups across Europe believe will sell. This ties in closely with groups' belief that the outlook for global equities looks promising ...
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