Beverly Chandler, Opalesque London: William Keunen,
Global Director of fund administrators Citco Fund Services reports that he is seeing a revitalised hedge fund industry with fund launches and managers
coming off proprietary trading
desks and out of hedge funds.
"Of course it takes longer to get
started now, the bar is higher and
raising capital is no bed of roses,
but the battered markets have
not deterred managers from
going it alone" he said.
Principal changes that he is seeing include: