No matter how upbeat managers and investors may be for 2011, there are still quite a few challenges as well as some potential catastrophes that could upset the trend.
But first, the reasons to pop open the bubbly. Assets are finally flowing back into the industry and could top $2 trillion for the first time ever next year. Investors still seem stuck in panic mode (possibly with good reason), continuing to pump money only into the largest hedge funds.
Smaller fund managers should not despair. There
The week on Risk.net, August 4–10Receive this by email