Winning strategies

chess-pieces

Many investors have been disappointed by the performance of mutual funds and alternative asset managers during the financial crisis. The liquidity problems experienced last year by the fund of funds industry and hedge fund managers have led money managers and institutional investors to cast around for a more liquid alternative.

Things were even worse in the long-only space. Mutual fund performance was dire as global stock markets plummeted and many funds missed the recent bounce. This has left

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