Size of Indian hedge funds up 30% in FY11: Eurekahedge

Liquidity flow to the Indian hedge fund industry has picked up tremendously, said Farhan Mumtaz of Eurekahedge Group.

“Indian funds have received a lot of capital relative to their own size. The size of the Indian hedge fund industry has grown by 20-30% overall this year. However, these fund flows have been smaller than most of the flows that global mandated funds have received,” he explained.