Fund managers are named and shamed

We have been all there. Your taxi arrives at an entrance as grand as the Savoy, oak panels line the lobby and oil paintings of distinguished financial forefathers peel down the stairs. It could be the City of London, Geneva, New York or the centre of Luxembourg. You know where you are immediately ' a big bank.

But spit and polish, just as past performance, is no guarantee of success in alternative investments and the latest report from Allenbridge Hedgeinfo makes sobering reading. Poor performing