European retail hedge fund assets shrink to 8-year low, says Kepler
By Nell Mackenzie and Iain Withers LONDON (Reuters) – Retail investors are pulling out of Europe’s hedge fund industry, with assets under management shrinking to an eight-year low according to data released on Monday, as higher interest rates and lagging performance send smaller investors elsewhere. Assets in alternative ‘UCITS’ funds in Europe shrank 3% to