Delegates told hedge fund assets set to double in 5 years

conference

Tanya Styblo Beder, chief executive of Tribeca Global Investments, told delegates at the High-Performance Investing Symposium that the industry will eventually reach the £2trn mark. By 2010, 80% of the money in hedge funds will be invested by institutions, she said.

Joel Press, a partner at Ernst & Young, said $1trn will come into the industry in next four or five years. As the industry grows, things will get better, he added, although an audience show of hands showed delegates were more pes