Patric de Gentile-Williams, FRM Capital Advisors

In 2009 many sophisticated investors will recognise that in the new landscape the opportunities for the right hedge fund managers are greater than they have been in a generation. They will aggressively restructure portfolios to take advantage. Successful business execution will require attention on two fronts. To ensure investment strategies are adapted to the new paradigm: higher volatility; less liquidity; far lower tolerance and availability of leverage; a radically new landscape in terms of