Hedge funds panacea

Confidence in hedge fund investments has hit an all-time low due to poor performance and fears of fraud after the collapse of Bernard Madoff’s $65 billion Ponzi scheme. Managed accounts offering improved transparency and control over assets are being tout



Hedge fund managers, battered by volatile markets and the withdrawal of leveraged funding after September 2007, have faced record redemptions of more than $1 trillion by cash-strap