Economics

Hedge-Fund Investors Embrace Europe as Economic Woes Retreat

  • Money flows to Europe-targeted funds as it’s pulled elsewhere
  • Long/short equities, macroeconomic strategies attract money

Barclays Sees Opportunities in Financials, Industrials, Technology

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Europe is suddenly the hot market for hedge-fund investment.

After years of being overlooked, the continent is attracting capital from investors who want to take advantage of a recovering economy as the last effects of the euro-zone debt crisis disappear. Buyers are also piling in to diversify portfolios swelled by the stock-market boom -- which after this week’s correction looks like a prescient move.