A difficult 2002 creates smaller, stronger market

An expected 33% jump in the number of hedge funds closing in 2002 compared to 2001 should leave the survivors in a strong position to prosper, according to index provider Tremont.

Barry Colvin, Tremont's president, said from a market perspective 2002 was 'one of the most difficult market environments to navigate. But those who have navigated it are in a very good position for 2003,' he said.

The difficult environment for hedge funds in 2001 proved particularly damaging to small hedge funds.

Oliver

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: