Emerging market vehicles raise £9bn in new capital over 2007

Hedge fund managers and investors added more than $9bn in new capital to emerging market vehicles la...

Hedge fund managers and investors added more than $9bn in new capital to emerging market vehicles last year, bringing total assets to over $110bn. According to a recent report from Hedge Fund Research (HFR), the number of funds dedicated to investing in emerging markets increased to over 950 last year. Overall, hedge funds collected $194bn in new assets in 2007, bringing total industry assets under management to $1.87trn. Strong performance in underlying markets has led to growth in funds dedicated to South America, the Middle East and Africa, in addition to continued interest in Russ...