Lord Rothschild's investment house has ploughed back into hedge funds, a year after moving out of nearly all of their holdings in this area, as the firm enjoys both increased investment and an upswing in its share price.

An interim management statement from Lord Rothschild's listed investment company, RIT Capital, to the London Stock Exchange yesterday revealed that the company had allocated $67m (€46.6m) to hedge funds since the beginning of October.