When England lost 1-0 to Northern Ireland, in a football match, the manager Sven Goran Eriksson was castigated, derided and demonised by the bulk of the British press.
At first sight, it would seem that hedge funds get similar treatment with fear and just plain ignorance added in for good measure. Why is this the case?
The reasons, I think, are relatively straightforward. At the outset, let's make a clear distinction between the trade press and the general press.
The trade press is generally w