Finally, Good News For The Global Funds Industry

After many false starts, the metrics are now better now than they have been for a long, long time, says Collas Crill partner Mark Rawlins as he reports on a funds resurgence.

The headline story in April was that US hedge fund performance for the quarter hit nearly 5%, the best results for nearly six years. On top of this, US investor confidence is appearing to rise dramatically, and – depending on where you take your statistics – could be at the highest level for five years.

Then in China, we have the world's second largest economy, with an investor base (both sovereign and corporate) relatively untouched by the economic woes of the developed nations, and with a growing appetite, and domestic encouragement, to invest outside its home jurisdiction. With an ever increasing outward investment war chest (nearly $70bn in 2010 and 50% growth since 2002), this will continue to stoke the fire for private equity funds and joint venture/ co-investment opportunities. Indeed,