Hedge funds are finally out of the closet

Well, aren't we fashionable? After years of deliberately hiding away, ignoring the constant cry for greater transparency and lurking behind a smoke screen of techy, clever investment theories, loaded with jargon and obscure theorems hedge funds have been outed. The merest twitch of the tiniest corner of the curtain has revealed the hedge fund sector to the normal investing world and suddenly they all want one. Well, they all want to run one.

It's official, hedge funds in Europe are going re