Turbulent times ahead for hedge fund industry as it struggles to maintain performance

Time to rethink strategy


To predict the behaviour of ordinary people in advance, you only have to assume that they will always try to escape a disagreeable situation with the smallest possible expenditure of intelligence.
Friedrich Nietzsche (1844-1900)

Investors must feel a bit like Henry II when faced with his confrontational archbishop of Canterbury: Will no one rid me of this turbulent eurozone? We all know how that ended.

Things, however, are likely to get worse before they get better. Any window of opportunity to

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