Hedge funds seize opportunities as investment banks shed people and activities

Changing places

Concept image of yellow smiley face balls

Come mothers and fathers
Throughout the land
And don’t criticize
What you can’t understand
Your sons and your daughters
Are beyond your command
Your old road is rapidly agin’.
Please get out of the new one
If you can’t lend your hand
For the times they are a-changin’.
Bob Dylan (1941-)


The world is changing and hedge funds may just be the catalyst for a new financial order. The transformation of the sector from cottage industry to more institutional structures is well known. What has not been so widely

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