The hedge fund industry has come under a lot of fire in the last 12 months. They have been blamed for falling markets, failing banks, rising costs of credit, bad weather, you name it. But while it is easy to target an industry where a hedge fund manager can earn millions in a year, what

February was another difficult month for hedge funds. If anyone thought 2009 would be an easier year for hedge funds, think again. Hedge funds lost 0.51% in February, compounding January’s 0.09% loss for a year to date loss of 0.60%, according to the HFRI Index. Fund of funds managed a smaller loss of 0.31% which

Hedge funds have had all sorts of bad press. In the past week, just speaking to members of the general public, investors, even hedge fund managers, I was shocked at the level of resentment directed at the industry and in the case of hedge fund managers, even some degree of penitence. How strange.   In

In today’s news there were several items about shortselling, notably that the ASIC (the Aussie regulator) was considering extending the short selling ban, and that short selling was responsible for market weakness in various markets. At a time when public opinion and emotions run high against hedge funds, this is dangerous; because banning short selling is

While 2008 was a difficult year for many hedge fund managers, there are those who have done well despite the difficult trading conditions. I would like to highlight one of them, not so much for their performance, which has been good, in 2007 the manager returned over 25% and in 2008 over 10%, but because