21.01.2010 Opalesque Exclusive: State of the industry is strong but hedge funds will need stronger performance relative to equities and bonds for success in 2010 Credit Suisse/Tremont
From Kirsten Bischoff, Opalesque New York:

The past two years marked a turbulent time for the hedge fund industry. Negative performance in 2008 left many investors questioning the "absolute returns" hedge funds touted during the years of economic growth preceding the financial crisis. Assets that weren't gated by managers swept out of the industry and large numbers of hedge

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