Managers foresee a Happy New Year for hedge fund strategies

Fund of fund managers have painted a healthier picture for the industry in 2005 after a 2004 that could be described at best as 'trying'.

Piers Metcalfe, senior investment executive at Sagitta Asset Management says the falling volatility of 2004 damaged global macro, CTA, short-selling, equity hedge, merger and convertible arbitrage funds. Also, rising interest rates hit CTAs, equity market-neutral as well as convertible and fixed income arbitrage .

Tightening credit spreads hurt distressed,

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: