Strategy

Short but sweet

Although much criticised after 11 September, shorting is gaining in popularity and the FSA is looking into its impact in the UK

Eastern opportunities

The manager of the New Star Asia Renaissance Hedge Fund sees major opportunities for going long and short in the post-crisis restructuring economies of east Asia

Don't settle for second best

Investors need to take extra care when crossing over to multi-strategy funds ' managers may not be all they're cracked up to be, lacking the relevant expertise

Caution First

Funds of funds are adjusting portfolios to take account of market conditions but need to do so with care

A tough nut to crack

Legal impediments and excessive taxation have stunted the German hedge fund market. If these are eased there should be massive growth

Success strategies

Since launching two strategy funds in 1999, ORN Capital has gone from strength to strength and is following up this success up with the launch of a European distressed debt strategy next month