Macro economics makes going tough for managers

Uncertainty about world events, including the possibility of terrorist attacks, the price of oil and economic conditions have contributed to a difficult period for hedge funds according to Hedge Fund Review's monthly survey of funds of hedge funds managers.

However, there may be an upcoming equity market rally that will provide opportunities and increasing market clarity next year may make life easier.

May and June were tough months, according to Rossen Djunouv, a hedge fund manager at Forsyth