Hedge funds, the current darling of the markets have seen a slow down in inflows into the sector throughout Europe. The change correlates to a reduction in performance.

However that still means assets breached the $200bn mark for the first time this year. An increas of 70% from £125bn to $216bn.

Most of the inflows though took place in the first 3 months of this year.

The figures come from a survey by research firm EuroHedge.

An absence of clear trends, low volumes and increased competition have all had an adverse effect on the funds.

One positive note is that London particularly Mayfair is still the European centre for hedge funds.