An optimistic picture

This month Hedge Funds Review asks fund of fund managers to rank hedge fund strategies against one another on a month-by-month basis, according to how well they have done, and how well they are expected to perform in the future.

Anticipation of an equity market rally in the US and Europe, coupled with tightening credit spreads, has painted an optimistic picture for the portfolios of UK and European funds of hedge funds.

There is a steady outlook for long/short equity funds from most respondents, a