Hedge funds given chance to build on gains from first quarter

Moving on

pendulum

Take a breath. Take stock. Nearly at the end of the first quarter, 2012 is shaping up to be not as bad as some had forecast but not exactly a trouble-free zone. The world is still a volatile place. But at least there is a glimmer of hope that things might not be as close to the cliff edge as in the most recent past.

While fear of imminent eurozone implosion may be slightly allayed, the world has certainly moved into a new phase of nail-biting uncertainty. Talk of air strikes on Iran’s elusive nuc

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