Widely followed survey finds hedge funds with “highest level of optimism since financial crisis”
|Apr 27th, 2011 | Filed under: Hedge Fund Industry Trends, Today's Post | By: AAA Staff||
Blamed for the global financial crisis and credit crunch, liquidated to the point of almost collapse, slammed, ridiculed and chastised by the press, reviled by the public and on the hit list of virtually every regulatory agency on the planet… the hedge fund industry from late 2008 into 2009 wasn’t looking so hot. Hedge funds were viewed as the evil pariah and being a hedge fund manager was about as good as being a lawyer or politician.
Fast-forward to today and it’s like 2006 and 2007 all over again: calling yourself a hedge fund manager actually did get you past the velvet rope and into the club. Post-global crisis and recession, most hedge fund managers are back to feeling optimistic. They are especially excited about the rest of 2011 and expect, particularly, institutional investors will continue to pour capital into the business as they broaden their investment mandates further into non-traditional asset classes.
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