Turbulent times for hedge funds

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The rollercoaster ride hedge funds have been on since September 15, 2008 just keeps going and going. Markets continue to yo-yo their way from day to day. Hedge fund returns as tracked by the main indexes are not quite as robust as many had hoped.

The eurozone continues to try to convince the world its bailout plan is a goer while Germany has broken ranks. The destabilising effect of the euro’s problems on the rest of the world is a local problem or a global one, depending on your perspective.

Whi